Word: hiked
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Dates: during 1990-1999
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...Middle East crisis and the resulting rise in jet-fuel prices hastened the consolidation. Fuel ranks second only to labor in airline expenses, accounting for about 20% of operating budgets. Overleveraged carriers couldn't take the hike. After its annual fuel costs rose 33%, to $1 billion, Continental failed. Faced with a similar bill, Pan Am filed for bankruptcy a month later. Last week Northwest raised the possibility of merging with a stronger airline or selling its lucrative Pacific routes. Analyst Julius Maldutis of Salomon Brothers says, "The industry is being separated into the big eagles and the sitting ducks...
...classic example of yellow journalism, Erica Werner reported on February 13 that Cambridge landlord Edward Zucker "slammed a huge rent increase on the tenants...forcing them to search for less costly housing" and that the "price hike took most tenants by surprise...
...Refuge. But the plan is almost certain to ignore any significant steps to promote conservation. Most notably, although automobiles, buses and trucks account for two-thirds of U.S. oil use, the program is expected to shun the two most effective means to put the brakes on fuel consumption: a hike in the gas tax and a higher federal fuel-efficiency standard for U.S. autos...
...price hike took most of the tenants by surprise, and now many are questioning the very policy that brought them affordable housing in the first place...
...order to keep their heads above water financially, some drivers lobbied City Hall over the past months for a 10 percent rate increase, which the council granted late last month. But the council's decision provoked controversy among cabbies, some of whom feared the price hike would drive away customers, who are already scarce...