Oil Prices Fall But Airlines Not Benefiting

Tiger Airlines

Falling oil prices are typically good news for airlines as fuel accounts for more than a third of their operating costs, but not all carriers are benefiting due to fuel hedging.

Sections:  travel   
Topics:  airlines   energy   fuel   oil prices   oil speculation   
RELATED ARTICLES
  • To Explain Missing Malaysia Airlines Flight, ‘Rogue Pilot’ Seems Likeliest Theory
    The former chief pilot for the airline is convinced that human intervention was to blame for the disappearance of the plane a year ago this Sunday. But he said he had no reason to believe the captain, a longtime friend, would have done it. More
  • FCC moving forward on speedier in-flight Internet service
    U.S. federal telecommunications regulators are pushing ahead with efforts to bring faster Internet service to commercial and private airline flights. The Federal Communications Commission on Thursday started deliberations on a proposal that would offer a new type of in-flight broadband service promising U.S. More
  • UK budget airline to test ash cloud detector
    Budget airline easyJet PLC says it has acquired a ton of ash from Icelandic volcanoes for use in an experiment to test ash detection technology. More
  • Looking for a better airline seat? There's a site for that
    If you fly, chances are you have a story to tell about an uncomfortable airline seat. Vicki Morwitz does. Hers involves a long-haul plane trip, a minuscule economy-class enclosure and a circuitous routing that deposited her at her destination feeling exhausted and irritated. More
  • Keystone XL pipeline to be delayed
    TransCanada Corp. says the long-delayed Keystone XL pipeline will be in service months later than expected and cost more than its current $5.3 billion price-tag as it continues to await U.S. government approval. TransCanada had been sticking to its late 2014 or early 2015 start-up target, but the regulatory process has dragged on. More
BING NEWS:
  • Budget airlines are struggling. Will premium passengers solve their problems?
    Delta and United have become the most profitable U.S. airlines by targeting premium customers while also winning back a significant share of travelers on ...
    11/22/2024 - 8:53 am | View Link
  • Delta Says Little About Refinery Operations, Vows to Avoid Fuel Hedges -- OPIS
    Still, senior officials with the airline often credit the company's decision to acquire the refinery for reducing the cost of jet fuel for all airlines. Delta's Monroe Energy affiliate, which is ...
    11/21/2024 - 5:57 am | View Link
  • Demand Is Holding Back Oil Prices
    Weak oil demand, not supply, is driving current low oil prices, with global manufacturing and industrial production downturns being key contributors. Click to read.
    11/11/2024 - 12:05 am | View Link
  • Low oil prices give airlines hope for 2025
    Rising supply chain costs still hamper the aviation industry, even though airlines should benefit from cheaper oil prices until next year, according to the International Air Transport Association ...
    10/30/2024 - 9:45 pm | View Link
  • S&P 500 Gains and Losses Today: Oil Stocks Lose Ground as Crude Prices Fall
    Hopes for a moderation of global tensions contributed to a drop in crude oil prices, pressuring stocks ... Shares of other cruise companies as well as airlines also posted gains.
    10/28/2024 - 10:12 am | View Link
  • More

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Travel News