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Old 14th Feb 2011, 15:25
  #432 (permalink)  
Richard228
 
Join Date: Jun 2010
Location: Stevenage
Posts: 58
let's not forget....

in case anyone (read BASSA) needs reminding of the fragile state of the airline industry, BBC are today reporting an expected $6 billion drop in airline earnings in 2011, through increases in the oil price.

Not only that, they expect most of the profits to come from Asia.. not good for european legacy airlines, costs still need to be trimmed people...

BBC News - Airline profits to fall as fuel costs rise, says Iata
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