RE:Jetfuel spikes to new highsTook alot of heat for this post back begining of the year but low and behold.......
TheGrapeOne wrote: Jet fuel hiting new highs is going to cost the airline industry billions in unexpected costs
ER for the major airlines will have to address this as it will cut deep in to the opperating costs.
so reduced flights because of Covid shortage of staff and now a spike in the fuel cost that will eat away profits.
add to that ficnacial insecurity over the state of the economy and this is not a stock I would want to hold