Podcast: What Oil Crisis?
Skift Take
The airline industry has been focused on the price of oil the last few weeks. It appears that a crisis has been averted, but there’s no guarantee of smooth sailing for the foreseeable future.
Russia’s invasion of Ukraine initially sent oil markets into a spiral. Prices may have come back down to earth, but oil remains volatile. Yet, U.S. airline executives aren’t terribly concerned. More pressing is how to hire enough pilots to operate flights. Airline Weekly’s Edward “Ned” Russell and Madhu Unnikrishnan report on what they learned at a recent industry conference and discuss which airlines plan to add or trim capacity this summer.
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