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Podcast: γ¬γ’γΈγ§γθ±δΌθ©± Daily News Article Podcast
Episode: Expect the cost of your airfare to continue to rise, an aviation trade group and industry heads warn
Description: The cost of your next flight is likely to go up. That's the word from the International Air Transport Association, which held its annual meeting in Dubai, home to the long-haul carrier Emirates.
While carriers recover from the grounding worldwide from the coronavirus pandemic, industry leaders told journalists that there are several costs likely to push those ticket prices ever higher.
Part of that comes from worldwide inflation, an ongoing problem since the pandemic started. Jet fuel costs, roughly a third of all airline expenses, remain high. Meanwhile, a global push for the aviation industry to decarbonize has more carriers...