AMR, Southwest CEOs worried about rising oil prices
The Philadelphia Inquirer Blog - Winging It
AMR, Southwest CEOs worried about rising oil prices
Tom Belden
Both AMR CEO Gerard Arpey and Southwest boss Gary Kelly, in separate news conferences after annual shareholders' meetings, said they are concerned about the damage rising oil prices could do to their business. With the recession already pushing down demand, and thus revenue, a runup in fuel costs to last year's levels would be bad indeed. Read more at this link.Comments (2)
then "book the oil at the current price before it gets higher...Simple eh.YHS- The "folks" at CNBC said the recession "bottomed out" on March 21st. Bet you didn't know that... YHS
Popular Posts
About this blog
Tom Belden has been reporting about Philadelphia International Airport and other air travel subjects for more than 20 years, writing columns for The Inquirer's Travel and Business sections. His reporting (with colleague Craig McCoy) on baggage handling problems in Philadelphia have been credited with helping to improve the system. His previous blog was called Road Warrior. He can reached at tbelden@phillynews.com.
Reach Tom at tbelden@phillynews.com.
Tom Belden
Search this blog:
Blog Roll
Classifieds:
Site Services:
Partners: