Ethiopian CEO: African airlines not benefiting from cheaper fuel

Credit: Linda Blachly
African carriers are not benefitting from the decline in oil prices, Ethiopian Airlines CEO Tewolde Gebremariam told delegates at World Routes 2015 in Durban. While the cost of crude oil has halved from $100 to $50 per barrel, the price of jet fuel in Africa has remained constant, Gebremariam said....
Victoria Moores

Victoria Moores joined Air Transport World as our London-based European Editor/Bureau Chief on 18 June 2012. Victoria has nearly 20 years’ aviation industry experience, spanning airline ground operations, analytical, journalism and communications roles.

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