Peter Campbell
speaker
147 appearances
2 recordings
2 series
first heard May 2026
last heard 22 May
Peter Campbell’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 2 in all, peaking in May 2026 with 2.
Appearances
It's been very interesting.
Back in the 1970s, flying was the preserve of the very, very wealthy.
And for the last decades, that has come down, and particularly low-cost carriers such as EasyJet and Ryanair have enabled people to fly maybe once a year for many people when they wouldn't have been able to before.
There is a danger in the future that many of the things being affected by the Iran conflict at the moment will push up air prices in the long term and might potentially begin to price some people out of flying.
We've already seen that jet prices, jet fuel prices have doubled since the crisis.
That's often airlines' single biggest cost.
And you are expecting to see some airlines go bust as a result of this.
That means there'll be less competition.
That also may potentially drive up prices in the future.
But many of these things are unknown.
We may well see a situation where prices stay low.
You've actually seen quite an interesting thing running into the summer that some of the low-cost operators have been cutting prices on summer holidays because people haven't been booking because, understandably, they're waiting to see what happens in the Middle East.
So it's a complicated picture at the moment.
Running an airline is fundamentally a terrible business, right?
The airlines, even the best ones, make very little money, even in good times.
And every year you see lots of smaller, struggling airlines around the world go bust.
So many of the airlines were going into this situation, you know, weaker financially.
Spirit had been losing money.
There were questions over some of the airlines in Europe, potentially some of the weaker ones, that many people think in time may start to go bust at the end of the year.
But even in that kind of precarious financial situation that airlines normally find themselves, the Iran war has been a shock, right?
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