DUBAI, United Arab Emirates (NEWSnet/AP) — The cost of air travel is likely to rise.

That’s the word from the International Air Transport Association, which held its annual meeting Monday in Dubai, home to the long-haul carrier Emirates.

Industry leaders told journalists there are several expenses that are likely to push ticket prices higher.

Worldwide inflation is one factor. Jet fuel cost, roughly one-third of all airline expenses, remains high. A global push for the aviation industry to decarbonize has more carriers fighting for the little amount of sustainable aviation fuel, or SAF, available in the market.

Also pressuring the industry is a pandemic hangover in aircraft production, experts say. Carriers keep older planes that burn more fuel flying longer. There also aren’t enough new aircraft to expand routes and increase supply to reduce price.

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