The airline industry was battered during Covid due to global travel restrictions and then, as the world began to open up, by rising jet fuel prices Airlines celebrated last month when the U.S. opened its borders to international travel, with demand for flights soaring on the news Now, Omicron is once again destroying demand and airline executives are pleading with governments to cut emergency testing for fully vaccinated passengers Nowadays, the travel industry never seems to catch a proper break. After enduring extended downtime last year and early this year due to global lockdowns associated with the Covid-19, airlines have been grappling with high fuel prices this year after jet fuel prices jumped nearly 60% Y/Y to $87.40/bbl. Many airlines have been chasing customers with fare sales, but rising fuel costs is likely to soon change that. Last month, Delta (NYSE:DAL) said that higher jet fuel prices would weigh […]