An URGENT airfare warning has been issued as families prepare to go on summer vacation.
Transport bosses have warned ticket prices will rise amid flight cancellations occurring across all airlines.
We even went so far as to say that “the plane will undoubtedly cost consumers more”.
The revelation means families looking to get away from it all could face an awkward summer amid the chaos at airports.
Competition to claim seats on planes has intensified due to cancellations, driving up ticket prices.
Earlier this week, British Airways announced it would cancel thousands more summer flights as previous schedule reductions aimed at easing disruption did not work.
The airline said in a statement that it had “unfortunately” become necessary to further reduce its operations.
Tens of thousands of passengers will be affected by the decision to cancel flights at Heathrow and Gatwick.
British Airways is one of the companies that have had to cancel flights.
Easyjet also cut around 10,000 flights between July and September, affecting 1.5 million people.
And Willie Walsh, chief executive of the International Air Transport Association, said this morning he believed soaring oil prices due to war in Ukraine and widespread flight cancellations would affect ticket prices.
He told the BBC Sunday Morning: “Flights are getting more and more expensive because of the high price of oil and it’s clear to everyone that this will mean higher ticket prices.
“Stealing will cost consumers more, no doubt.
“Oil is the most important component of an airline’s cost base. It is inevitable that ultimately high oil prices will be passed on to consumers.”
Mr Walsh also said he was fine with flight cancellations as it allowed airlines to reschedule due to staff shortages.
He said: “I think it is right that these cancellations be made early as it will allow airlines and their customers to adjust to revised schedules.
“I actually expect people to be able to flee. I think there will be disruption, but I don’t think it will be on the scale we’ve seen so far.
“I believe there are solutions that have been put in place.”
Staff shortages at airports have led to weeks of disruption, flight cancellations and frustrating queues for travellers.
Holidaymakers were pictured sleeping on the airport floors while suitcases were seen piling up at Heathrow.
This comes on top of two years of hardship for the aviation industry due to Covid.