Saturday, April 03, 2004

air - KLM first to drop prices to Europe

Dutch airliner KLM is the first one to announce a price drop in its flights to Europe, the Shanghai Daily reports. And it was about time.
Compared to the US, flights from China to Europe have traditionally been very high because of the lack of competition. Now the KLM will drop its prices for return flights from over 8,200 rmb (US $ 1,000) to 6,888 Rmb (US $ 830). Return flights to the US would cost less than 500 US dollar, when booked on time.
Reason for European airlines to beep up capacity and competition is the anticipated flood of Chinese tourists that might his European countries when the EU and China reach a deal about returning illegal Chinese immigrants to China. Now there is only a MOU and there is still no sign on when a deal could be in place, as China refuses to take back Chinese who refuse to identify themselves.

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