Airlines earn "paper-thin margins," fuel remains largest and most volatile cost

08/26/2013 |

Airlines for America Chief Economist John Heimlich said that the top 10 U.S. carriers have moved from "razor-thin to paper-thin margins” so far in 2013. Heimlich cautioned that fuel remains the carriers' largest and most volatile expense, saying that "a swing of 20 cents per gallon (in fuel costs) would have wiped out the profits." Fuel prices have already risen 26 cents per gallon since the first half of this year.

View Full Article in:

Published in Brief:

SmartBrief Job Listings for Transportation

Job Title Company Location
Maintenance Controller
Irvine, CA
Maintenance Base Manager
Cape Air/Nantucket Airlines
Hyannis, MA
Airport Stations Regional Manager
Allegiant Travel Company
Las Vegas, NV
Facilities Project Manager
Spirit Airlines
Miramar, FL
Senior Director - Corporate Real Estate
Hawaiian Airlines
Honolulu, HI