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Airfares Will Spike If Oil Prices Continue To Climb, Top Industry CEO Warns

Oil Prices Continue
International Business Times Fews App News Provider
Fews App Post Time Hace 12h

High oil prices could lead to higher airfares. AFP Surging fuel prices could lead to higher airfares next year, according to one CEO. Ryanair's CEO Michael O'Leary told Reuters Thursday that consumers should expect "significant" price increases driven by higher jet fuel prices if the price of oil remains elevated into next year.

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