The AP has a good story today detailing how US Airways and other carriers are using fees to help offset high fuel costs. US Airways CEO Doug Parker even says it's possible the industry could make money next year because of capacity and staffing cuts, and if fuel prices stabilize. That's radically different from what we've been hearing for months, based on the assumption that oil prices were going to continue to go up.Read the story:
http://www.philly.com/philly/wires/ap/business/25771044.html
About Tom Belden
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