Travellers issued major warning over higher airline ticket prices

Air boss warns airlines cannot continue ‘absorbing cost’ of jet fuel shortages

The head of the International Air Transport Association says an inevitable consequence of rising fuel prices will be an increase in air travel

EX-BA and Aer Lingus boss issues warning for those flying on holiday this summer

Willie Walsh said that although there is no need to panic over potential jet fuel shortages, rising costs will 'inevitably' turn into higher priced tickets

Travellers issued major warning over higher airline ticket prices

The closure of the Strait of Hormuz will result in higher ticket costs for airline passengers, one expert has warned

IATA head says higher air fares 'inevitable'

IATA Director General Willie Walsh has told the BBC airlines will have to increase fares in response to rising jet fuel costs. Ongoing conflict in the Middle East and the closure of the Strait of Hormuz has caused fuel prices to soar, while fears escalate over potential shortages. Markets in Europe and Asia are especially dependent on imports from the region, but Walsh said that was no reason to panic about mass cancellations. Nevertheless, he n…