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Is oil soaring? Here is an increasing plane cost

New York, USA - Making fares rise to lower operational costs

Analyst from Prudential Securities, Bob Mc Adoo, stated that the current oil and fuel prices will force airlines to increase ticket prices, in different case the ones in the worst condition will have to resort to receivership. Carriers at risk the analyst refers to are US Airways Group and Fly Inc. "If prices do not rise, the two operators will be forced to significantly lower the activities in advantage...

AVIONEWS - World Aeronautical Press Agency - 116274
Rome, Italy, 03/14/2005 18:23
AVIONEWS - World Aeronautical Press Agency

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