Energy
5 charts show the stages of global economic recovery since Covid hit
Commuters on a train in Hong Kong on March 2, 2022, amid the Covid pandemic. Dale De La Rey | AFP | Getty Images Oil prices plunged, travel came to a halt and unemployment rates spiked when the coronavirus hit in early 2020. Then, signs of recovery emerged. Stock markets rebounded and quickly surpassed 2019 […]
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I’m optimistic we’ll be able to pass through rising fuel costs, says Avelo Airlines CEO
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Andrew Levy, Avelo Airlines founder, chairman and CEO, joins ‘Squawk on the Street’ to discuss the impact of rising jet fuel costs on regional airlines, how much a rise in ticket prices could affect demand and more. 04:46 Wed, Mar 9 202211:26 […]
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Airline stocks slump as jet fuel surge overshadows travel rebound
An American Airlines Boeing 787-9 Dreamliner approaches for a landing at the Miami International Airport on December 10, 2021 in Miami, Florida. Joe Raedle | Getty Images Airlines trying to claw their way out of two bruising pandemic years are now facing the most expensive jet fuel costs in more than 13 years, overshadowing a […]
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