World
Higher Europe air fares 'inevitable', says industry head
✦ AI Brief
Higher ticket prices for air travellers in Europe are inevitable due to the high cost of jet fuel, according to the head of the International Air Transport Association. Airlines cannot absorb the extra costs over time, and there is concern about possible shortages of fuel in the UK during the summer. The closure of the Strait of Hormuz has had a dramatic impact on jet fuel prices, and Europe is scrambling to find alternative supplies.