Higher Fuel Prices Wipe Out U.S. Airlines' Revenue Gains | Aviation International News

Higher Fuel Prices Wipe Out U.S. Airlines' Revenue Gains

Cost increases outpaced revenues, depressing the nine A4A passenger carriers’ combined nine-month operating profit by $4.1 billion.

By Chris Kjelgaard

November 14, 2018

Increases in jet fuel expenses completely offset the improvement in passenger revenues the nine publicly traded U.S. passenger airlines achieved in the first nine months of 2018, reported Airlines for America (A4A) v-p and chief economist John Heimlich on Wednesday.

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