Airline Investors Are Ignoring Falling Fuel Prices

Oil prices have plunged in the past few months. Whereas the cost of Brent crude oil had rebounded to around $55 per barrel during the first two months of 2017, it fell to just $44 per barrel as of Tuesday, and declined further on Wednesday.Not surprisingly, this decline in crude oil prices has pulled jet fuel prices lower.

Topics:  brent   alaska air nyse   alk    jetblue airways nasdaq   jblu    spirit    nasdaq   save    airlines   investors   fuel prices   oil   plans   crude   barrel   months   growth   

 

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