No Trouble at the Pump — Yet

A couple of decades ago, $100-per-barrel oil was a doomsday scenario for the airline industry. Today, American Airlines CEO Doug Parker is confident that the industry can make money with oil at or above that price. That's a good thing, because that's where oil has been since Russia invaded Ukraine. After surging in the immediate aftermath of the invasion, oil prices have fallen below the $100 threshold, although volatility remains.