The Impact Of Fluctuating Oil Prices On Air Cargo Industry A Case Study Of Das Air Cargo

ABSTRACT The researcher noticed that while demand for global airfreight was increasing with continual globalization, many air cargo companies were being forced out due to the fluctuating oil prices. Through interviews, questionnaires, personal observation and secondary data, the researcher found out that, the major problem encountered is ever increasing price of jet fuel, which accounts for 20-30% of the operational cost, continue to put pressure on profit margins of cargo airlines. She also observed that the oil crises is most likely to be a permanent problem for the air cargo industry and no…