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Fuel costs put Asia airlines in a bind

Rome, Italy – Low-cost carriers besiege the big air companies

Singapore Airlines, Qantas Airways and Japan Airlines System may fail to fully counter higher jet-fuel costs by raising fares because of competition from new discount carriers. A rebound in global tourism and economic growth, led by China and the United States, has bolstered air travel, contributing to soaring fuel demand that pushed oil prices recently to record highs. The growth in air travel has...

AVIONEWS - World Aeronautical Press Agency - 63851
Rome, Italy, 05/26/2004 19:38
AVIONEWS - World Aeronautical Press Agency

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