Fuel Price Declines Mean $2 Billion In '98 Savings For U.S. Airlines
Jet fuel price declines have mirrored the plunging cost of gasoline at the street pump, and for airlines the savings during 1998 could reach $2 billion. The phenomenal drop in the price of jet fuel boosted airline profits but also masked a worsening unit revenue picture. "For 1998, without a fuel...
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