Airlines

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Title: Airlines

Essay Details:

Subject: Business

Author: Anna R

Date: August 26, 2014

Level: College

Grade: A

Length: 1 / 200

Essay text:

Tim Wagner, an American Airlines spokesman, states succinctly, "The airlines are simply not designed to handle oil at this price." The record proves it, as Bradford Plumer of The New Republic reports, "Twenty-five airlines have gone belly-up this year - three to four times the usual yearly rate." Still functioning airlines have been forced to eliminate less traveled routes and less accessed hubs in order to survive. The problem is not localized to the United States, Ryanair deputy CEO Howard Millar predicts that of the roughly sixty European airlines that exist, only five will survive existing conditions...

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