What Oil Prices Mean for Airfares

Oil and Gas Investing

NY Times analyzes the relation between rising crude oil price and airfare.

NY Times analyzes the relation between rising crude oil price and airfare.

The market news is quoted as saying:

In the first week of March, American Airlines raised the price of one-way tickets by $10 in all fare classes, said Ike Anand, director of airline strategy and analysis for Expedia. U.S. Airways, Delta and others followed; smaller airlines have, too.

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