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Jason Breslow ()
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Fuel Pressures Begin to Weigh Down Airline Freight Business
Jul 22, 2008 12:00 AMby Jason Breslow
The airline industry isn't just trying to stay aloft with its passengers. It is also battling to preserve the near $5 billion in revenues generated each year through the transport of goods such as electronics, fresh produce and pharmaceuticals.
Last year, the airline cargo business expanded by its smallest margin in three years, less than one percent, according to data from the Bureau of Transportation Statistics. In the first quarter of this year, revenue from cargo was down 1.4 percent over the year earlier period.
United Airline cuts likely to hit hubs, smaller airports
Jun 05, 2008 03:36 AMby Jason BreslowFewer limo rides to Chicago airports as fuel prices, airline fares rise
May 28, 2008 06:19 AMby Jason Breslow
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