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Airfares Are Set to Rise Again as the Fuel Crisis Deepens
Prices for flights will shoot up again if fuel costs stay high, the chief of British Airways has warned. The airlineโs chief executive, Sean Doyle, said there is โno getting away fromโ the fact that โif fuel goes up, fares have to go up.โ Since the Iran war began in February, jet fuel prices have soared. Despite ceasefire talks, the Strait of Hormuz โ which supplies around 40 per cent of Europeโs jet fuel โ remains closed. Following BA's warning of a possible increase in prices last month to offsetโฆ