How have fuel prices affected the airline industry?

Answer Fuel costs have traditionally been the second-highest operating expenditure for an airline behind only wages. The historical average is 10 to 15 percent of an airline's overall operating costs. In ... Read More »

Top Q&A For: How have fuel prices affected the airline industry

Are gas prices affected by the stock market?

On One Hand: Crude Commodity Trading.Gas prices at the pump are largely dictated by the price crude oil trades at on the stock market. This is because the price that oil refining companies have to ... Read More »

Are airline prices going to go down?

As of February 2011, the price of crude oil is increasing. The cost of airplane fuel has increased by 40 percent in the past 18 months. Don't expect prices to move down in the near future.Reference... Read More »

When do you get the best airline prices during the day?

Although many factors go into airline ticket pricing, an in-depth study by Fare Compare found that the cheapest time at which to purchase airline tickets is 3:00 pm on Tuesdays.References:Fare Comp... Read More »

What is the airline industry growth?

Airline industry growth has been steady since the first airline formed in the United States via the Air Commerce Act of 1926. Airline passenger service was a way to augment revenue with the transpo... Read More »