American Airlines CEO Says Rising Price of Fuel is a “Crisis” (via Airports and Airplanes)

American Airlines CEO Says Rising Price of Fuel is a "Crisis" According to CNN, American Airlines CEO Gerard Arpey is more than just a little nervous about rising fuel prices and the overall effect they will have on the airline industry. Using some of the strongest language yet regarding the wild volatility of oil prices and the seriousness of rising costs, the CEO warned that even though airlines have begun to make profits again, substantial hardship may still lie ahead. “We’re facing another fuel crisis, … Read More

via Airports and Airplanes

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: