Why are so many airlines going out of business?

  • Thread starter Thread starter Sarah82
  • Start date Start date
price of oil, pollution taxes, less people flying due to fears of terorists, economic recession encourages people to take domestic vacations

all of the above squeeze the airlines profits, but they can't put up prices because there is so much competition and they would just lose customers.
 
yeah, price of fuel plus people have less disposable income due to rising food/petrol/gas/electric costs, so bookings will be less than normal too
 
Back
Top