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Cost of air travel expected to further increase in coming months: IATA
The cost of air travel is expected to further increase in the coming months as the rising fuel prices will be passsed on to passengers, said International Air Transport Association (IATA).
IATA Director General Willie Walsh said that a rise in oil prices following the pandemic combined with Russia’s invasion of Ukraine has pushed the price of fuel to record levels. For airlines fuel is the biggest element in an airlines cost base.
Walsh made these comments while speaking on the BBC’s Sunday Morning programme.
The IATA chief also went on to critisise how airports have handled the rising demand for air travel post-COVID-19 and the disruption it has caused to passengers with cancelled flights and long delays.
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