Summary
The airline industry is reaching a precarious tipping point, experts say. Airlines are losing mountains of money because jet fuel costs have soared so high.
"Fares are going up. Families are not going to be able to go to Disney World or Vail on a whim anymore," said Kevin Mitchell, chairman of the Business Travel Coalition, a business advocacy group in Radnor. "The cheap tickets are just not going to be there."See the full content of this document
Extract
Experts Say Airlines Close to Failure Due to Fuel Costs
Airlines and their passengers won't have new flights to China, either.
After months of clamoring for government approval, US Airways and United and Northwest airlines got t...See the full content of this document
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