IATA CEO says airlines not yet complaining about oil price rise

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SINGAPORE (Reuters) – Airline bosses are not yet complaining about the rise in the price of oil, the head of the International Air Transport Association (IATA) said on Monday. “There is a consensus this is an acceptable price,” IATA CEO General Alexandre de Juniac told reporters on the sidelines of the Singapore Airshow Aviation Leadership Summit, citing a range of $65 to $70 a barrel. Reporting by Jamie FreedEditing by Edwina GibbsOur Standards:The Thomson Reuters Trust Principles.
Source: Reuters