Tag: falling oil prices

Are Airbus Helicopters In Trouble?

Reading Time: 3 minutes On February 24th, Airbus Group has presented a full 2015 annual report which was held in London, UK. As a part of European multinational aerospace and defense corporation, Airbus Helicopters achievements were overviewed and took place in the annual speech of the CEO of Airbus, Tom Enders. The representative of Airbus was highlighting the importance […]

Lufthansa Sees Lower Fuel Boosting Profit in 2016

Reading Time: 2 minutes Lufthansa said it expected its fuel bill to be 14 percent lower in 2016 thanks to falling oil prices, which will help boost its profit next year after record earnings in 2015. Oil has dropped around 70 percent since June 2014, touching levels not seen in over a decade this week, bringing a boon to […]