European Perspective: Airline Industry Should Spearhead Alternative Fuel Research
Credit: LOCKHEED MARTIN
More than a third of the world airlines’ direct operating costs (DOC) are in the hands of the Organization of Petrol Exporting Countries—36% to be exact—based on the International Air Transport Assn.’s latest calculations. In 2002, IATA economists note, fuel accounted for no more than 13% of DOC. In...
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