Crude oil futures hit $90/barrel today, so brace yourself for higher fares or fuel surcharges...

|By:, SA News Editor

Crude oil futures hit $90/barrel today, so brace yourself for higher fares or fuel surcharges from the major airlines as crude oil moves closer to $100/barrel. “The airlines [need] several years of profitability to mend their balance sheets after this last downturn, and oil is eating into that," an analyst says.