More fuel-price woes for United Airlines
November 7th, 2007 at 04:30pm Thomas V. Bona
More bad news for United Airlines - a top exec said the airline might ground up to 100 of its planes and raise fares if fuel prices continue to climb. CFO Jake Brace said:
“Either the industry passes on the higher fuel prices or we’re going to have to lower capacity, but you have to make the equation work.”
On its face, a cut in capacity wouldn’t directly affect Rockford. Brace was talking about the 100 or so jets it owns without any debt. The Rockford-Denver flights are operated for United by SkyWest Airlines and don’t use United-owned planes. But it’s not a good sign for the industry in general that one of its big dogs is contemplating such actions. And no one likes paying more for airline tickets.
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1. mopmop » More fuel-&hellip | November 24th, 2007 at 12:04 pm
[…] Check it out! While looking through the blogosphere we stumbled on an interesting post today.Here’s a quick excerptThe Rockford-Denver flights are operated for United by SkyWest Airlines and don’t use United-owned planes. But it’s not a good sign for the industry in general that one of its big dogs is contemplating such actions. … […]
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