Sunday, November 22nd, 2009

Posts Tagged ‘ Dollar Increase ’

Airing It Out

Jun 6th, 2008 | By Andrew Gordon | Category: Oil Investment & Alternative Energy

I can’t think of a sector more vulnerable to soaring oil prices than the airlines. Every dollar increase in the price of a barrel of jet fuel adds more than $1.3 million to the daily operating expenses of the U.S. airlines industry.