Jet_Driver
"There I was...."
- Joined
- May 5, 2005
- Posts
- 126
I got an email from the company yesterday that says Eagle is going to reduce frequency to a few markets (IND and FWA were mentioned). The reason: "High Cost of Jet Fuel."
In a related article in the USA dated Tuesday, the Energy Dep. says that the effects of Katrina and Rita on the cost of Jet fuel (and all crude oil too) won't be coming down for quite some time, or longer than expected. In the same paper, American Airlines was reported to decide to cancel one of their Japanese routes as cited that the market was no longer "Economically Viable."
I don't mean to be the bearer of bad news, but this news makes the flowbacks sound a lot more permenant than originally thought.
Any thoughts?
J_D
In a related article in the USA dated Tuesday, the Energy Dep. says that the effects of Katrina and Rita on the cost of Jet fuel (and all crude oil too) won't be coming down for quite some time, or longer than expected. In the same paper, American Airlines was reported to decide to cancel one of their Japanese routes as cited that the market was no longer "Economically Viable."
I don't mean to be the bearer of bad news, but this news makes the flowbacks sound a lot more permenant than originally thought.
Any thoughts?
J_D