Airports to benefit from lower oil price

Running an airline is like having a baby: fun to conceive, but hell to deliver — C. Woolman, founder of Delta Air Lines Yet life has just become a lot easier for airlines, at least temporarily. Qantas (ASX: QAN) had fuel costs of $4.5 billion in 2014, accounting for some 30% of its operating expenses. So it’s probably no surprise that with the price of oil having fallen 60% since its peak in June 2014, Qantas and other airlines will be among the biggest beneficiaries. But intense competition between carriers and the increasing number of budget options means any spike...

Running an airline is like having a baby: fun to conceive, but hell to deliver — C. Woolman, founder of Delta Air Lines

Yet life has just become a lot easier for airlines, at least temporarily.

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