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Virgin headed for another disaster, says REX chairman
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12th May 2020, 17:08
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A6Edriver
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Quote:
Originally Posted by
Paragraph377
Fuel costs are always the most expensive cost component of an airline, followed by labor.
Labor costs
surpassed
fuel
as global
airlines
' biggest single
expense
in 2016, at 22 percent of
costs
against just under 21 percent for
fuel
. That is expected to jump this year to 30.9 percent
versus
20.5 percent for
fuel
.
Feb 14, 2018. Reuters
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