German air navigation services provider DFS Deutsche Flugsicherung has confirmed plans to increase charges 30% from next year, pending approval by the European Commission, which is expected to rule in November. The cost increase is mainly due to DFS’s occupational pension provision obligation, which has liabilities of €3.5 billion ($4.67 billion). About 50% of this amount is covered by fixed assets. The growing demand of DFS using its own resources for the pension system has led ...

Subscribe to Access this Entire Article

"German air navigation services provider DFS to increase airline fees 30%" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.