15 Hrs
Source:
الاقتصادية
Fuel costs deepen US airline divide
The article discusses the impact of rising fuel prices on the U.S. airline industry, where the gap is widening between strong companies that continue to invest in improving their services, and those forced to cut spending and delay investments due to increasing financial pressures. Airlines like United, South West, and Alaska are experiencing growing strain, with some companies resorting to raising ticket prices to offset costs, while others like Jet Blue face credit rating downgrades due to their debts and higher fuel expenses. Officials explained that strong companies continue to invest, whereas the gap could expand further as financing costs rise and the crisis's effects take a toll on financial performance.
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