# Airlines could be high margin if they weren’t dependent on Jet Fuel <!-- #case-study --> [Web URL for this note](http://notes.benjaminreinhardt.com/Airlines+could+be+high+margin+if+they+weren’t+dependent+on+Jet+Fuel) [Comment on this note](http://via.hypothes.is/http://notes.benjaminreinhardt.com/Airlines+could+be+high+margin+if+they+weren’t+dependent+on+Jet+Fuel)