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Flying towards higher costs
Here's a prediction for 2008: flying is not going to be fun. You'd think with all of the travel trouble we saw last year, including uncomfortably full flights, airlines would want to roll out some extra planes. Nope. The New York Times reports some big carriers are actually planning on reducing domestic capacity this year. Airlines want to drive up fares to offset rising energy costs, but it's not a new trend. In 2007, Southwest and Continental were the only airlines out of the top seven that didn't reduce capacity.
Posted on January 10, 2008 4:20 AM PT | Permalink
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