The ash cloud crisis and soaring oil prices are likely to mean a 5.2% increase in air fares this year, according to figures.
And fares could go up by a additional 11.5% in 2011, sending the average cost of a London to New York economy class ticket up by £62.
The figures came from a report by the Centre for Economics and Business Research formed for e-commerce company Kelkoo.
It set the cost to airlines of the ash-induced northern European airports' shutdown at around £1.3 billion by the end of last week.
Kelkoo UK managing director Bruce Fair said: Most airlines were by now struggling prior to the crisis, but this, combined with soaring oil prices, will have a knock-on effect on consumers as carriers are forced to pass on increasing operational costs to passengers.
And fares could go up by a additional 11.5% in 2011, sending the average cost of a London to New York economy class ticket up by £62.
The figures came from a report by the Centre for Economics and Business Research formed for e-commerce company Kelkoo.
It set the cost to airlines of the ash-induced northern European airports' shutdown at around £1.3 billion by the end of last week.
Kelkoo UK managing director Bruce Fair said: Most airlines were by now struggling prior to the crisis, but this, combined with soaring oil prices, will have a knock-on effect on consumers as carriers are forced to pass on increasing operational costs to passengers.
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