Fuel spending in the airline industry is projected to hit US$291 billion in 2024 © Shutterstock

Airline industry fuel costs set to reach US$291 billion in 2024

Fuel spending in the global airline industry is projected to hit US$291 billion in 2024, marking a US$100 billion increase compared to five years ago. After a significant decline during the COVID-19 pandemic, fuel expenses have been steadily rising and are poised to reach a new record this year, according to data from Stocklytics.com. Despite […]

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