Airfares: Airfares could rise by up to 25% as jet fuel costs surge, says McKinsey
Airfares could rise by up to 25% as jet fuel costs surge, says McKinsey Geopolitical disruptions and refinery constraints are tightening global jet fuel supplies, increasing costs for airlines and potentially leading to higher airfares, according to a McKinsey report.The report said jet fuel demand is expected to rise ahead of the summer travel season…