The International Air Transport Association (IATA) estimates the jet fuel price average for this year will rise above the feared $80 per barrel mark. With this, the impact on 2018 fuel bill of the global airline industry is expected to be $39.3 billion. But do rising oil prices mean only bad news for airlines around the world? One investment bank says it “may actually be good” for airlines around the world, including the three biggest U.S. carriers – Delta, United, and American.
Find out more >
|