Business

US carriers spent $6.5B on fuel in April; global profit forecast is cut nearly in half - AP News

New government data released Monday shows U.S. airlines spent nearly $6.5 billion on jet fuel in April. The Bureau of Transportation Statistics says that's a 78% jump from a year earlier, even though the airlines used slightly less fuel. Global energy costs h…

The Chairman's DailyMonday, June 8, 20262 min read
US carriers spent $6.5B on fuel in April; global profit forecast is cut nearly in half - AP News

U.S. airlines spent more than $6 billion on jet fuel in April, up 78% from a year earlier despite using slightly less fuel, government data released Monday showed. Meanwhile, the airline industrys to… [+2415 chars]

Share this article