Higher Europe air fares 'inevitable', says industry head

Higher air fares for European travelers are 'inevitable' due to soaring jet fuel costs driven by the closure of the Strait of Hormuz, the head of the International Air Transport Association said^[1][2].

Willie Walsh told the BBC that airlines cannot absorb the extra costs long-term, though some have recently cut European fares due to low demand^[1]. He said UK airlines are not currently facing a jet fuel shortage and widespread flight cancellations can be avoided^[1][2]. However, he expressed concern that a 25% increase in flights and fuel requirements expected in July and August versus March could lead to shortages if alternative supplies are not secured^[1][2]. The industry is seeking alternative fuel sources to prevent potential shortages^[1]. Walsh noted that even if the Strait of Hormuz reopens, fuel prices are unlikely to decrease quickly due to the ongoing impact of Middle East disruption^[2]. A UK government spokesperson said airlines report no current shortage^[1].