The crushing price of fuel is putting the major hub airlines at risk, said airline analyst Ray Neidl of Calyon Securities. In a report to investors Monday, he advised that fuel costs "should force weaker carriers out of business, or to at least substantially cut operations."
This is from the Dallas Star-Telegram. Oil closed over $55 today with no end insight. Bad news.
This is from the Dallas Star-Telegram. Oil closed over $55 today with no end insight. Bad news.
