default_image
© Khunaspix Dreamstime.

Rising jet fuel prices could harm already fragile air cargo growth as shippers look likely to seek cheaper transport modes.

US airline stocks fell sharply last week in response to an eight-month high in oil prices following violence in Iraq. Although government forces yesterday wrestled back control of Iraq’s biggest oil refinery, it remained closed after workers were evacuated.

Last week’s IATA Jet Fuel Price analysis showed prices had risen 3.7% on a week earlier, or 3.9% up on a year ago.

Although ...

Please Register

To continue reading, please login or register for full access to our free content
Loadstar subscriber
New Loadstar subscriber REGISTER

Comment on this article


You must be logged in to post a comment.

    Topics

    Modal Shift