Air fares may stay sky-high, say industry experts - World
IATA chief economist says “labour costs and other costs associated with the supply chain seem to be higher or rising".
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IATA chief economist says “labour costs and other costs associated with the supply chain seem to be higher or rising".
PARIS: Despite the recent fall in oil prices, high airfares may stay in place for some time to come, say airline industry professionals and experts.
Despite the recent fall in oil prices, high air fares may stay in place for some time to come, say airline industry professionals and experts
Fuel normally has a significant effect on ticket prices, but labour and supply chain costs are also a major challenge for airlines
Representing between 25 percent and 30 percent of airline costs, fuel normally has a significant effect on ticket prices.