A major airline's CEO has commented on the potential for fare increases. The executive mentioned that fares could rise due to a specific factor. The factor contributing to the possible increase is a surge in fuel costs.

This surge may lead to higher fares for travelers. Further information on the potential fare increase is available from KHOU Houston, including the specific percentage increase mentioned by the CEO, which is in the range of 15-20 percent and is expected to occur this summer.