A sharp correction in crude oil prices has emerged as a key positive for airlines. Crude has retreated close to pre-conflict levels, improving the outlook for fuel expenses, which account for nearly 30% of an airline’s operating costs.
A sharp correction in crude oil prices has emerged as a key positive for airlines. Crude has retreated close to pre-conflict levels, improving the outlook for fuel expenses, which account for nearly 30% of an airline’s operating costs.