Walsh: Airfare rises ‘inevitable’ as Nigeria, global airlines face extra $100bn jet fuel bill

Walsh: Airfare rises ‘inevitable’ as Nigeria, global airlines face extra $100bn jet fuel bill

Wole Shadare, Rio de Janeiro, Brazil The Director-General of International Air Transport Association (IATA), Willie Walsh, said global airlines, including Nigerian carriers, will have to spend an extra $100bn on jet fuel this year, with fares inevitably rising to cover the bill after the war with Iran choked off oil supplies. Walsh, while fielding questions from journalists at the end of the 82nd IATA Annual General Meeting (AGM) and World Transport Summit in Rio de…

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