Airlines Pocket Oil Savings as Fares Stay High Despite Iran Deal
🛢️ MARKETS — Airlines win the fuel discount; passengers won't see a cent of it. 📌 LOOK CLOSER: Jet fuel tracks Brent directly — carriers locked in lower hedges the moment the MOU was announced. But capacity discipline post-COVID means yields stay elevated regardless of input costs. Tight slots, consolidated routes, and suppressed aircraft deliveries give airlines pricing power independent of fuel. The deal's consumer dividend goes to shareholders, not seats.
