(OT) OIL COSTS Could Destroy Weak Airlines

greenspun.com : LUSENET : TB2K spinoff uncensored : One Thread

"Rising fuel oil prices could wipe out some weaker US airlines unless the industry raises passenger fares, Gordon Bethune, chairman and chief executive of Continental Airlines, has warned.............I suspect there will be a couple of airlines not here at the end of this year, he told a meeting of the British-American Chamber of Commerce in New York this week"

Link To Full Article In The Fianancial Times

-- Zdude (zdude777@hotmail.com), March 09, 2000

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