Word: airlinese
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OIL Crude prices are coming down sharply and should stabilize in the $20-$30 range, from a high three weeks ago of $37.78 per bbl. Friday's price was $26.91. This decline hurts Big Oil--ExxonMobil, ConocoPhilips--but parts of the transportation industry will benefit, especially truckers like Roadway and...
“I’m not young anymore, and I believe that flying business class is wrong because it fattens the airlines, but you can’t move in those economy seats,” he says, compacting his frame to a rigid seating position to demonstrate...
“Also, we really do think terrorist organizations do have ties to Iraq. The evidence is out there,” added Carbone, who said his sister almost took American Airlines Flight 11, which crashed into the north tower of the World Trade Center on Sept. 11.
Now lets return to the ATA's stated scenarios. They range from a 'no war' situation, where the airlines would still lose an estimated $6.7 billion in 2003, to the worst case - that's a war plus a major terrorist incident. And that, says the ATA, would result in a...
The report does not offer a specific proposals for government assistance, but the airlines have been making the case in private meetings on Capitol Hill and even with the White House. TIME has learned that last Thursday several airline CEOs met with the key members of the Bush Administration economic...