Lots of agreement: Fuel costs pushing airlines off a cliff (Winging It)

Lots of agreement: Fuel costs pushing airlines off a cliff

My apologies for not alerting you sooner to a new study, piled on top of other studies and analysts' and consultants' comments, that details the trauma for airlines in a world of $130 a barrel oil. My only excuse for not posting this sooner is a lot of personal matters that have occupied most of my time since late last week. This story from the Fort Worth Star-Telegram focuses on work by Airline Forecasts LLC done for the Business Travel Coalition. For those who need more detail, here is a link to the study itself from the BTC homepage. I will spend the next few days tracking down other research and opinion. But there's no way around the basic conclusion of everyone who knows anything about the airline industry: fuel costs are doing serious, perhaps fatal, damage to some carriers and hurting every player.

Posted by Tom Belden on June 17, 2008 6:15 PM | Permalink

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