Fuel-efficiency improvements give airline industry a boost

05/20/2013 | CNBC

Giovanni Bisignani, former CEO of IATA, says productivity and fuel-efficiency improvements have greatly helped the airline industry. Fuel efficiency throughout the industry has improved 20%, he says. Bisignani says that 10 years ago he could break even with oil at $30 a gallon, and now the industry can break even with oil at $110 per gallon. Electronic ticketing has also helped airlines boost profitability, he says.

View Full Article in:


Published in Brief:

SmartBrief Job Listings for Transportation

Job Title Company Location
Engineer - Cabin Systems Project
United Airlines
Chicago, IL
Aviation Security Specialist
The Air Line Pilots Association, Int'l
Herndon, VA
Supply Chain - Strategic Inventory Analysis, Manager
United Airlines
Chicago, IL
Managing Director – Strategic Procurement
Hawaiian Airlines
Honolulu, HI
Senior Associate, Customer Account Relationship Management
Banneker Industries, Inc.
North Smithfield, RI