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Oil-increase, US carriers raise fares

New York, USA - Estimated losses for USD 1,6bn

Fuel cost's increase, raised for 65% in 2007, has generated losses for USD 1,6bn for the 10 main US carriers, according to a study by "International Herald Tribune". After the stops decided in the last months by the lesser airlines which cannot face the oil's cost increase, now the biggest airlines announce to raise their fares for 5%. The companies are American Airlines, Delta Air Lines and...

AVIONEWS - World Aeronautical Press Agency - 1088889

AVIONEWS - World Aeronautical Press Agency
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