Airline CEOs expect fuel prices to rise - IATA

A recent survey of airline CEOs by IATA showed that expectations for the next 12 months have now shifted back to input cost increases over that period, with 42% of respondents (four times the number from last survey) expecting upward pressure. IATA stated, "the mixed blessing of potential economic recovery is seen here - recovery may well be good for traffic growth down the line, but ahead of that fuel prices are likely to rise on expectation of increased energy demand as economic activity accelerates".