US carriers spent $6. 5B on fuel in April
Synopsis Airlines are facing a fuel price shock. U.S. carriers spent over six billion dollars on jet fuel in April, a significant jump from last
Synopsis Airlines are facing a fuel price shock. U.S. carriers spent over six billion dollars on jet fuel in April, a significant jump from last year.
This surge in energy costs is impacting global airline profits. Industry experts predict profits could be cut almost in half by 2026. Airlines are responding
by raising fares and cutting flights.
The BriefWire