alleryStart learning →Why do analysts quote CASM excluding fuel to judge cost control?
AFuel is fully hedged by law
BFuel is largely uncontrollable
CFuel use is barred by rules
DFuel is always the smallest cost
Answer & Solution
Correct answer: B. Fuel is largely uncontrollable
Because oil prices are volatile, fuel is mostly outside management control, so ex-fuel CASM better shows cost performance.
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