Reuters, 3 Jun 2011(Reuters) - Air travelers face more expensive ticket prices as airlines do their best to pass on an estimated $50 billion rise in fuel costs this year, Asia's leading industry body said on Friday.
Andrew Herdman, director general of the Association of Asia Pacific Airlines, said fares would need to increase by 10 percent to compensate for high oil prices, but analysts have questioned whether carriers will be able to completely pass the costs along. Full story
