Thursday, 26 November 2015

Airlines saved $11 billion on fuel. You saved 8 bucks.

Airlines saved $11 billion on fuel. You saved 8 bucks.

The nation's top airlines have posted record profits thanks to low fuel costs. But passengers aren't seeing too much in the way of savings for themselves. The nation's four top airlines have saved a combined $11.1 billion in fuel costs in the first nine months of 2015, according to their financial reports. Fuel is the largest expense for airlines, so lower prices shaved their costs by 36% compared to last year.
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