More Airline Failures Predicted Following Oil Price Spike

Telegraph

EasyJet CEO Johan Lundgren predicts high oil prices will lead to the collapse of more airlines, with Primera Air the most recent example.

The chief executive of EasyJet, Johan Lundgren, has predicted that high oil prices will lead to the collapse of more airlines. His comments come in the wake of the failure of Primera Air at the beginning of this month, and of Monarch late last year.

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