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EasyJet sees higher flight ticket prices -report

Sat Mar 8, 2008 10:25pm IST
 
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FRANKFURT, March 8 (Reuters) - Flight tickets will become more expensive due to the high oil price CLc1 LCOc1, the chief executive of budget airline easyJet (EZJ.L: Quote, Profile, Research) was quoted by a German newspaper as saying.

"The price of oil has risen by 40 percent in the past six months," Andrew Harrison told the Tagesspiegel am Sonntag in a preview received on Saturday of an article due for publication in print on Sunday.

"In the end we will have to pass it on to our customers," he said. "Ticket prices will rise." (Reporting by Peter Starck, editing by Mike Peacock)

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