Cathay Pacific CEO Tony Tyler says when airlines last raised fares in 2008, most travelers kept on flying. But as Mideast upheavals send oil prices skyward and airlines hike fares again, the impact on the bottom line could be q…
Southwest Airlines is flying high: It’s proven consistently profitable, and it serves more passengers than any other U.S. carrier. But as the airline expands its service, CEO Gary Kelly says volatile jet-fuel prices are his big…
Southwest Airlines is flying high: It’s proven consistently profitable, and it serves more passengers than any other U.S. carrier. But as the airline expands its service, CEO Gary Kelly says volatile jet-fuel prices are his big…
Light crude oil prices have been climbing in the last few days, closing the week at $88.94 per barrel on the NYMEX. If prices climb high enough, it could damage the still-weak economy by raising the costs of gasoline, jet fuel …