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THIS WEEK'S TRAVEL NEWS
December 3, 2008

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Capacity Cuts Could Deepen in 2009

Earlier this year, airlines cut capacity by between 10 and 15 percent to combat record high fuel prices and an uncertain economy. Now, six months later, fuel prices have gone down (for now) but the economy remains shaky, and as Bloomberg reports, airlines are considering another round of cuts in 2009. "The pullback at big carriers including Delta Air Lines Inc. and American Airlines may reach 8 percent and include non-U.S. markets where they've been expanding in the absence of discount rivals." Click Here To Read Article


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