Continental Rescinds Air Fare Increase

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Continental Rescinds Air Fare Increase :down:

Continent's fare reduction could erode a broad-based effort by the airline industry to implement lasting fare increases to offset soaring jet fuel prices. But experts say the No. 5 U.S. carrier's about-face probably will not unravel a recent movement throughout the industry to increase air fares.


B) UT
 
Yet they have the nerve to ask their employees to take pay cuts. These airlines have the opportunity to raise fares to off set fuel prices but would rather ask their workers to take cuts.
 
I used to think there a bigger picture, but like a pilot told me recently, there is no big picture, just pieces to the jigsaw puzzle and no one has the box-cover!