Global airlines continue to face high fuel costs, IATA says

05/9/2013 | International Business Times

Global commercial airlines will report an average profit of 1.6% for 2013 and will continue to face high fuel costs, according to a forecast by the International Air Transport Association. "Fuel now represents 33 percent of our operating budget, and the consensus forecast in March was for jet fuel to average $130 per barrel [42 gallons], which is $3 more per barrel than in 2008 when our industry was nearly brought to its knees by the oil bubble," said Tony Tyler, the director general and CEO of the IATA.

View Full Article in:

International Business Times

Published in Brief:

SmartBrief Job Listings for Transportation

Job Title Company Location
Sr. Data Warehouse Developer
US Airways
Phoenix, AZ
Senior Specialist Airport Leadership Development
Alaska Airlines
Seattle, WA
Technician - Line (Avionics)
United Airlines
San Francisco, CA
Sr Analyst Alliances
Alaska Airlines
Seattle, WA
Training Standards and QA Manager
Spirit Airlines
Miramar, FL