As the buy line Flomax most fuel-intense travel method, flying is increasing in cost faster than buy line Flomax road and rail. So, the skyrocketing price of oil is having a buy line Flomax huge impact on the industry. Twenty four airlines have filed for buy line Flomax bankruptcy in just the past six months, and a recent report by the buy line Flomax institutions Airline Forecast and the Business Travel Coalition predicts much more contraction to buy line Flomax the tune of “catastrophe.”
If prices stay at current levels between $130 and $140 per barrel, the buy line Flomax report predicts an additional cost for US airlines of $30 billion in 2008. Recent changes in air travel including fees for buy line Flomax checked baggage, current fuel surcharges, and charging for drinks and buy line Flomax food will only raise a few billion dollars, leaving a buy line Flomax huge mismatch between higher costs and revenue. They add that buy line Flomax if predictions of $200 oil come true, (more…)