Why Cheap Oil Might Be Bad News for Airlines
October 31, 2014 at 13:21 PM EDT
Ever since the price of oil started falling we’ve been hearing about how cheap oil would be great for carriers like Delta Air Lines (DAL), American Airlines (AAL) and United Continental (UAL). Wolfe Research’s Hunter Keay and team aren’t so sure. In a note released yesterday, they explain why: American Airlines We are increasingly uncomfortable [...]