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Moody’s warns high oil price could hurt aviation demand

24 May 2012

Air fare hikes, if crude prices hit $150/bbl, will cut demand, warns Moody’s.

Read more: Ticket prices Moody’s oil prices

Moody’s has stated that airlines will need to reduce capacity to avoid operating losses if crude prices hit $150/bbl. The ratings agency expects that potential fare increases resulting from higher fuel cost could hurt demand...


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