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2011 Airline Forecast: Airfares Will Climb as Profits Plunge

by | Dec 14, 2010 | Towing

The International Air Transport Association expects airline profit to plunge 40% this year as fewer passengers travel during the recession and as fuel prices rise. But that doesn’t mean you’ll necessarily be able to score a goo…

Climbing Oil Prices Could Threaten Fragile Economic Recovery

by | Dec 4, 2010 | Towing

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 …

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