12-Jun-2009 2:55 PM
Another oil price bubble to wreak further havoc on airline finances
Analysis
Oil prices have risen over 4% in two days, adding another USD1.35 per barrel overnight in New York to USD72.68 - an eight month high - after trading as high as USD73.23 in intra-day trade. The steep increase in oil is ruffling the few feathers that remain in the global airline industry.
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