US airline fuel bill spikes 78% as global profit outlook is slashed

New government data released Monday shows U.S. airlines spent nearly $6.5 billion on jet fuel in April. The Bureau of Transportation Statistics says that's a 78% jump from a year earlier, even though the airlines used slightly less fuel. Global energy costs h…

U.S. airlines spent more than $6 billion on jet fuel in April, up 78% from a year earlier despite using slightly less fuel, government data released Monday showed. Meanwhile, the airline industrys to…

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