You are here

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

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: