Higher air fares in Europe 'inevitable', says industry head

Willie Walsh, the head of the International Air Transport Association, stated that higher air fares in Europe are 'inevitable' due to the high cost of jet fuel. Although some airlines have recently cut their fares, Walsh warned that they would not be able to absorb the extra costs over time. He also expressed concerns about potential fuel shortages in the UK this summer, although he insisted there was no need to panic.