Sentences with phrase «jet fuel prices»

Fuel makes up about 30 % of an airline's total expenses, so a 25 % decline in jet fuel prices implies a 7.5 % decrease in costs, all else being equal.

Edward Bastian, Delta CEO, talks about the company's strong quarterly results, booking demands, rising jet fuel prices, and the company's decision to cut ties with the National Rifle Association.

Delta Air Lines Inc. earlier this week reported results that beat analysts» estimates and issued a first - quarter forecast suggesting airfares will stay intact even as jet fuel prices decline.

For example, whereas commercial airlines are finally making profits, due to the low price of jet fuel (their most important variable operating cost), manufacturers of commercial aircraft will see lower demand for new planes if low jet fuel prices become the long - term norm.

«Jet fuel prices now are just under $ 4 a gallon and that's up almost double from what it was a year ago and if these prices stay high, I think you'll see a lot more airlines gravitate to orders for these new turboprop planes.

Tony Tyler, director - general and CEO of IATA, said that even with the fall in jet fuel prices, the average profit would still amount to little more than $ 7 per passenger per flight — well below other industries.

Executives of the airline say that business could begin to expand now that jet fuel prices have dropped and the airline has lowered its fares.

Most significantly, jet fuel prices rose almost 500 percent between 2002 and 2008.

Jet fuel prices are down 22 percent this year, but an ongoing series of small increases has kept air fares above 2013 levels.