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Higher Europe air fares 'inevitable', says industry head
Key takeaways
- Romano/Nur Photo via Getty Images Higher ticket prices for air travellers in Europe are "inevitable" because of the high cost of jet fuel, according to the head of the International Air Transport Association.
- Although some airlines have cut their European fares recently because of a lack of demand, Willie Walsh said there was no way airlines could absorb the extra costs over time.
- He told the BBC there was still concern the industry in the UK could face shortages of fuel over the summer, although he insisted there was no need to panic.
Why this matters: a developing story that could shape the day's news cycle.
Romano/Nur Photo via Getty Images Higher ticket prices for air travellers in Europe are "inevitable" because of the high cost of jet fuel, according to the head of the International Air Transport Association.
Although some airlines have cut their European fares recently because of a lack of demand, Willie Walsh said there was no way airlines could absorb the extra costs over time.
He told the BBC there was still concern the industry in the UK could face shortages of fuel over the summer, although he insisted there was no need to panic.
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