Cheaper fuel good for airlines but a concern for Boeing and Airbus
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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 world's largest jet makers, Boeing and Airbus, which have been riding a wave of demand for the latest fuel-efficient jets, driven in large part by the stubbornly high price of oil.
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