The European Commission's transport directorate has tasked British Aerospace Consultancy Services with developing a database of air fares, revenues and costs on routes within the European Economic Area. The Commission will use the database to monitor fares and has also asked the consultants to produce a report on the subject. 'The Commission is interested in examining in more detail whether individual fares are excessively high or low in relation to cost,' says BAe's Frank Elder.
Source: Airline Business