Sustained Low Oil Prices Have Mixed Results For Aerospace

Credit: NASA
Only a few years ago, airlines were betting on high oil prices for the foreseeable future, and they leveraged cheap capital to purchase record numbers of jetliners. Then oil prices fell in 2014 because American shale producers oversupplied markets. The Saudis responded by increasing production to...
Kevin Michaels

Contributing columnist Kevin Michaels is managing director of AeroDynamic Advisory in Ann Arbor, Michigan.

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