Tag: refining

The great oil refinery experiment is coming to an end at Delta Airlines

Airlines live and die on fuel prices – when the price of oil (and the jet fuel derived from that oil) is high, you’ll see lot of headlines about massive losses in the airline sector.  When oil prices are low, the story lines switch to “best revenues in X number of years for (pick your airline…well, anyone except United)”. This profitability boom & bust cycle drove a bit of gold rush in the ETRM/CTRM market about 5-10 years ago when airlines began to focus more on managing their fuel costs via hedging and looked to the CTRM vendors to supply... continue reading