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High oil price has brought air companies to its knees
Rome, Italy - Meanwhile they strike up alliances
It a difficult time for air companies, all over the world. Due to high oil prices, the crisis is hitting all the companies, among them Asian air companies. Many carriers are recording losses; among them Malaysian Airlines with a "Loss of 64.6% in its net profits during the second quarter of the year". Faced with the crisis, the only option is striking up alliances. Turkish Airlines, for example,...
AVIONEWS - World Aeronautical Press Agency - 1093312
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency