US Airlines to Save Billions as Jet Fuel Prices Crash

US Airlines Set To Pocket $40 Billion As Jet Fuel Prices Crash

US Airlines Set To Pocket $40 Billion As Jet Fuel Prices Crash By Alex Kimani of OilPrice.com US airlines stand to save billions in dollars on jet fuel costs after the US-Iran peace deal sent oil prices sharply lower. Brent crude was trading around $78 per barrel, the lowest price since the start of the war, after Washington and Tehran agreed to a ceasefire and committed to 60 days of negotiations, while jet fuel spot prices fell to $2.85 a gallon, down sharply from $4.88.  The ...

By Tyler Durden