jet fuel in Podcasts
productAviation fuel used in aircraft, including jet fuel
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And, you know, unless fuel prices sort of very sharply decline and even maybe not then.
Still, airline stock prices across the board have taken a hit over the last few weeks, in part because the longer the conflict goes on, the longer fuel prices will stay high.
It had an agreement with its creditors to come out of bankruptcy, and that agreement has just been sort of totally upended by fuel prices.
Like they feel really optimistic, actually, that they can manage these high fuel prices by charging higher ticket prices.
I think American Airlines said that their fuel bill is going to be $4 billion higher.
Since the conflict began, the price of jet fuel has more than doubled to a record high of over $200 a barrel.
Jet fuel prices have just skyrocketed since the war began.
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