Lower jet fuel costs to bolster the bottom line of airlines
Analysts say that hedging may mitigate some of this positive impact
Singapore
THE recent slump in jet fuel prices is expected to help airlines cope with costs - a major expenditure for carriers - and boost their bottom lines, although their practice of hedging portions of their fuel needs may blunt some of the positive impact of lower expenses.
Consumers hoping for lower airfares will, however, have to wait a while for an adjustment t…
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Energy & Commodities
Anglo American says it received unsolicited buyout proposal from BHP
Oil settles lower as US business activity cools, concerns over Middle East ease
Orsted says Taiwan wind project to power TSMC on track for 2025 finish
Gold edges down as Middle East worries ebb
Oil rises as dollar slips, focus shifts to economic data
California to wrap up ExxonMobil plastics probe ‘in weeks’, AG says