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Eno Transportation Weekly
Week of October 2, 2017
Jet fuel prices have dropped significantly. Why haven’t ticket prices?
In 2014, global oil prices suffered their sharpest drops in seven years.[1] This led to similar reductions in the cost of jet fuel, which declined more than 50 percent in the third quarter of 2014.[2] In fact, Figure 1 shows that by 2016, fuel prices were at the lowest levels in a decade.
