The sustained run of low oil prices has had a ripple effect throughout the aviation industry, benefiting airlines in particular, since fuel is such a major part of their cost equations. Depending on their hedging positions, dramatic cost reductions are helping some carriers make windfall profits. And increasingly, lower fuel prices are having an influence on airline fleet planning. The photos in this gallery illustrate some of the fleet types that are affected.
Read more: Cheap Oil Boosts the Business Case for Older Aircraft
