The Traderszone Network

Published in TZ Latest News 18 January, 2016 by The TZ Newswire Staff

Airlines to enjoy low fuel in 2016, costs under spotlight

Airlines can look forward to continuing low oil prices for at least this year, helping to boost profits and drive demand for travel, but need to be wary of a swift rebound and focus on staff costs, experts said at a conference on Monday. Low oil brings non-fuel costs at airlines into the spotlight, and highlights the difference between legacy carriers such as Lufthansa (LHAG.DE) and Air France-KLM(AIRF.PA) and low-cost airlines like Ryanair(RYA.I), analysts said.

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