You are here

Cheaper fuel good for airlines but a concern for Boeing and Airbus

Thursday, January 15, 2015 - 05:50

With oil prices plunging, the main concern for Boeing and Airbus is that airlines could delay buying new planes in hopes of saving money by keeping their older, fuel-guzzling jets for a few more years.


SHARPLY falling oil prices are a welcome boon to airlines, saving billions of dollars in monthly fuel bills for a highly competitive industry that last year eked out an average profit of just US$6 per passenger.

But what is good news for the airlines raises questions for the

Market voices on:

Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom