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High airfares could become the new norm as airlines contend with soaring jet fuel prices and mounting operating costs, the Association of Asia Pacific Airlines' chief said Friday. PBS NewsHour reported the warning from the association's chief, who pointed to rising fuel costs and operating expenses across the industry. The remarks suggest fares may stay elevated even if fuel prices ease, though the excerpt did not detail specific fare increases or forecasts for U.S. routes.
Sources:PBS NewsHour