Italian Prime Minister Giorgia Meloni’s decree capping ticket prices from Italy’s mainland to the islands of Sicily and Sardinia is just the beginning of a push to reshape an aviation sector hit by price hikes and consolidation.
Meloni’s government is planning formal talks with airlines set for the first few weeks of September, according to people familiar with the matter, as the right-wing leader advances a populist economic agenda ranging from bank taxes to debt reforms.
Ticket prices to the islands, popular getaways for Italians and foreign visitors alike, rose dramatically in the months before Meloni’s decree. A one-way economy flight between Rome’s Fiumicino airport and Cagliari in Sardinia averaged $99 in May, up from $46 a year earlier, based on data from analytics firm Cirium. Prices from Milan Malpensa to Cagliari, and from Rome to Catania in Sicily jumped 50% or more.
Meloni, who took office last October, has stepped up her economic agenda. The airline decree bars carriers from raising prices to the two islands beyond 200% above the average price of those routes. It was part of a package that included a windfall tax on bank profits and a measure allowing the government to block technology transfers.
Ryanair and ITA are the dominant players on services between the biggest airports in Sicily and Sardinia and Italy’s two largest cities, Rome and Milan, according to OAG, which tracks trends in aviation.
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