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.
However, he noted that even if the Strait of Hormuz were reopened tomorrow, the impact of disruption caused by the conflict in the Middle East could still be felt into next year.
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