CEO Gerard Arpey also outlined some of the steps his battered company has been taking to turn things around while ripping into everything from "misguided" security mandates to "absurdly high" tax rates to corporate jets that get an "almost free ride" when it comes to paying for an air-traffic-control system that is "approaching overload."
But one of the biggest problem right now is probably the cost of fuel, he said, with about 30 cents of every dollar in revenue going to the oil companies, up from about a dime in the late 1990s -- the last time when the company was consistently profitable.
http://www.marketwatch.com/News/Story/Stor...hoo&siteid=yhoo
But one of the biggest problem right now is probably the cost of fuel, he said, with about 30 cents of every dollar in revenue going to the oil companies, up from about a dime in the late 1990s -- the last time when the company was consistently profitable.
http://www.marketwatch.com/News/Story/Stor...hoo&siteid=yhoo