29-Mar-2011 3:45 PM
US airlines to cover USD9bn in higher fuel costs this year
Analysis
If fuel remains in the USD105-per-barrel range as average for 2011, the eight largest US airlines will spend more than USD9 billion more on fuel than 2010 and need to increase revenues to break even, according to AirlineFinancial's Bob Herbst, who released the estimate over the weekend.
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