Aviation Fuel Prices: Projected Increases and Possible Impacts to Aerospace
The cost of oil has the potential to play a very large role in all of our daily lives, influencing everything from personal finances to the performance of global economies. For the last several years, we have seen a rapid decrease in jet fuel price, with barrel figures returning to lows reminiscent of the 1990s. However, these deep discounts on fuel prices may be nearing an end. Just this August, Merrill Lynch announced expectations for…
