Airlines that do what they do well, make money
Midst the weeping and wailing about high jet fuel prices and the litany of excuses from airline executives like, “Airlines can’t make money with $120 a barrel oil,” some airlines are making money. The airlines that focus on their strengths and put customers first are raking in millions.
Almost 35% of European flights are on low cost carriers
European low-cost carrier seat capacity grew 22% in 2007 compared to 2006 and LCCs accounted for 35% of all intra-European capacity last year.
Skybus makes it 3 closures in a week
Skybus Airlines ceased operations Saturday, citing a slowing economy and rising jet fuel costs.