Crude oil at highest level in a year is just one of many problems airlines face, portfolio manager warns – CNBC

Crude oil at highest level in a year is just one of many problems airlines face, portfolio manager warns – CNBC

Rising oil prices could add more pain to the ailing airline industry. West Texas Intermediate crude has reached all-time highs since January 2020, putting airlines in a dilemma: absorb that cost or pass it on to a consumer already reluctant to fly during a pandemic. Add that to the list of industry headwinds, Washington Crossing […]
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