Fuel Prices Ease
A 60-cent-per-gallon decline in the spot price of jet kerosene since April has reduced airline industry costs by $8 billion on an annualized basis, says JP Morgan analyst Jamie Baker. That should cushion airlines if a slowdown in economic growth causes demand for air travel to weaken.
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
