Analyst Brian Foley Parses The Effect Of Cheap Oil On All Segments Of The Industry
Oil prices have now fallen some fifty percent of late, and if sustained it’s bound to have some implications for an industry that relies on it, a lot of it, for propulsion. “One might initially think that a drop in oil prices would benefit the entire civil aviation industry as a whole, but as one digs a little deeper there are actually two aspects to it,” notes analyst Brian Foley of BRiFO, a Sparta, NJ-based aviation consultancy.