Europe’s biggest airlines say fuel price spike caused by Iran war will drive up fares

Carriers warn they cannot hold off passing on costs for long, while some airlines plan to increase flights via Asia

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Europe’s biggest airlines have said the spike in fuel prices caused by the war in the Middle East will drive up fares and are advising passengers to book early.

While carriers have partly hedged the price of jet fuel, bosses said they could not keep avoiding passing on additional costs to passengers for long.