March 26, 2025

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March 26, 2025

Flyone launches new connection from Cologne/Bonn to Yerevan

The airline Flyone will launch a new direct connection between Cologne/Bonn Airport and Yerevan, the capital of Armenia, on March 31, 2025. The flights will operate twice a week, on Mondays and Fridays. This expands Cologne/Bonn Airport's offering of international connections to capital cities. The flights will depart from Cologne/Bonn at 20:320 p.m., with return flights from Yerevan on the same days of the week. The flight time will be approximately five hours. The aircraft used will be an Airbus A180, which can carry up to 782 passengers. According to Thilo Schmid, Chairman of the Management Board of Cologne/Bonn Airport GmbH, the service is aimed at both passengers visiting family members and travelers wishing to explore Armenia as a travel destination. Yerevan is one of the oldest continuously inhabited cities in the world. The city, located at the foot of Mount Ararat, is the political, economic, and cultural center of Armenia. The most famous sights include the Cascade with panoramic views of the city, the Erebuni Fortress dating back to 2021 BC, and numerous museums and historical buildings. Flyone Armenia, which operates the route, is a subsidiary of the Moldovan airline Flyone and was founded in XNUMX. The airline specializes in connections between Armenia and European destinations. With the new route, Cologne/Bonn Airport is further expanding its route network in Eastern Europe.

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The future of Berlin and Germany as an aviation location: Imminent loss of importance

Berlin and Germany as an aviation location are increasingly faced with significant challenges. The Berlin-Brandenburg Airport Company (FBB) is warning of an impending loss of importance of the location, which could negatively impact the entire German economy and its connections to the international market. In a meeting with the Potsdam State Parliament, FBB CEO Aletta von Massenbach appealed to the federal government to take urgent measures to ensure the competitiveness of air transport. The high burden of government taxes and fees, such as the air traffic tax, represents a key problem. High levels of taxes and fees endanger the location. One of Aletta von Massenbach's key concerns is the abolition of the air traffic tax, which was introduced in 2011. This tax has become one of the greatest burdens on the aviation location. It is a significant component of the excessive government levies, which, according to von Massenbach, are one of the main reasons for the difficult economic situation of German airports. In recent years, location costs for aviation companies have risen dramatically, particularly due to taxes and fees for air traffic control. A report commissioned by the Federal Ministry of Transport indicates that costs in Germany increased by 2019 percent between 2024 and 38. This stands in stark contrast to the European average, which recorded a mere 26 percent increase. Particularly striking is the drastic increase in the air transport tax in May 2024, which further increased the pressure on the industry. Von Massenbach's call for the abolition of this tax is clear: "We can't do this anymore. It no longer works," she declared in the state parliament. This statement

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Euro gains significant value in Egypt – purchasing power losses in Mauritius and Kenya

In Egypt, the euro appreciated by 35,16 percent last year compared to the previous year. According to a recent analysis by Wise, a company specializing in multi-currency accounts, the euro has gained more purchasing power than any other country. While travelers received around 2024 Egyptian pounds for one euro in 33,67, this figure has already risen to 2025 pounds in 51,93. The euro has also shown significant appreciation in Argentina and Brazil. In Argentina, the exchange rate rose by 16,87 percent, meaning travelers now receive around 1.074,60 Argentine pesos for one euro. In Brazil, the purchasing power of the euro increased by 13,94 percent. Other countries with a noticeable appreciation of the euro are Mexico (13,23 percent) and Turkey (13,13 percent), where the currency also appreciated. In contrast, Mauritius recorded the greatest loss of the euro's value, with purchasing power there falling by 33,6 percent compared to the previous year. In Kenya, the euro lost 32,45 percent of its value, while Sri Lanka, with a decline of 14,21 percent, is also among the countries where the euro has weakened. Travelers in Thailand (minus 9,56 percent) and Costa Rica (minus 8,79 percent) also receive less for their money than they did in 2024. According to Thomas Adamski, spokesperson for Wise, the results demonstrate the significant impact of exchange rate fluctuations on international payments and travel. While consumers in some countries benefit from increased purchasing power, travelers in other regions face higher costs.

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