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Article: Struggling airlines plan to cut flights, plane sizes to survive -BYLN- By Joshua Freed Associated Press.(Business)
- Article from:
- Daily Herald (Arlington Heights, IL)
- Article date:
- July 23, 2009
CopyrightCOPYRIGHT 2009 Paddock Publications. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Like most businesses, airlines want to grow. But during these difficult economic times, their survival depends on their ability to shrink, as they try to match how much they fly with the number of travelers willing to pay for a ticket.
Just like Detroit shutting factories rather than building more cars than people want to buy, airlines are reducing the number of available flights to avoid flying empty seats around the sky. That saves them money on fuel and labor costs. Airlines also hope it will tip the supply-and-demand equation back in their favor and allow them to raise fares.
What the industry calls capacity cuts began last year as oil prices ...
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Article: American Airlines Wants to Offer Los-Angeles-Tokyo ...
Knight Ridder/Tribune Business News;
June 1, 2002 ;
700+ words
... ... Morning News Knight Ridder/Tribune Business News Jun. 1--American Airlines Inc. said Friday it hopes to launch daily service next ... Tokyo service on Dec. 1 as part of its post-Sept. 11 capacity cuts. To see more of The Dallas Morning News, or to subscribe ...
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