Avelo Airlines founder and CEO Andrew Levy said surging fuel prices have climbed back to “uncomfortably high” levels, creating cost pressures for the ultra-low-cost carrier and raising the prospect the airline will have to pass some of those costs on to travelers.

In an interview with FOX Business, Levy said higher fuel prices tied to the Iran conflict are “the latest issue” confronting the airline industry, with costs climbing sharply in recent weeks.

“We’ve been there before, earlier in the period of the year when this conflict began, and then things moderated,” Levy said. “Now we’re back up to levels that are, you know, I’ll just call them…

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