Airlines change direction - plan cuts, not consolidation / Wobbly economy, high fuel costs force carriers to rethink strategies
The San Francisco Chronicle reports that airlines are facing about a billion-dollar increase in fuel costs and can’t raise fares quickly enough, so they’re considering reducing flights to decrease costs, increase demand, and drive up fares.
Additionally, Delta is offering buyouts to 30,000 employees. I’ve already mentioned the lack of service from airlines as they’ve reduced the workforce. Looks like more cuts, more loss of service.
4 months ago