The industry is facing rising jet fuel costs and post-pandemic financial problems Air travel could become even more expensive in the coming months, CNBC reported this week, citing top aviation executives. A decline in US refining capacity resulting in more expensive jet fuel, and financial troubles for the airlines due to the pandemic were given as reasons for the potential price increases by the director general of the International Air Transport Association (IATA), William Walsh, who gave an interview to CNBC on Wednesday. The US’ capacity to refine crude oil into fuel and other products fell to its lowest level
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