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How to Profit From Airlines’ Push for Fuel Efficiency
Read the full article: http://www.contrarianprofits.com/articles/how-to-profit-from...
The price of fuel now makes up 35 percent of airline costs compared with 13 percent a decade ago. Capital and Crisis editor Chris Mayer says if oil prices stay where they are and nothing else changes, the airline industry will lose about $6 billion this year, compared with a profit of $5.6 billion last year.
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