How Will Lower Fuel Costs Impact The Aircraft Re-Fleeting Program Of Large US Airlines?

Plummeting crude oil prices have resulted in a notable drop in the jet fuel costs of US Airlines, which has enabled them to move out of the heavy losses that they once suffered. Most of the airlines’ EBITDA grew by roughly 30% on an average due to these notable fuel cost savings. Apart from expanding the profitability, this has also significantly improved the cash flows of these large airlines. In order to utilize this excess cash flow, the US airlines have spent a considerable amount to revam...