The sudden plunge in crude oil prices in mid-2014 led to a turnaround in the fortunes of the US airline industry. Since fuel costs form the core operating cost of an airline, the sharp drop in this cost boosted the earnings of these airlines. In turn, the airlines utilized the increased profits to..
The sudden plunge in crude oil prices in mid-2014 led to a turnaround in the fortunes of the US airline industry. Since fuel costs form the core operating cost of an airline, the sharp drop in this cost boosted the earnings of these airlines. In turn, the airlines utilized the increased profits to..
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