The airlines suck even more today. Not because only one can manage a profit but because they are suggesting asserting speculation is the driving factor behind increasing oil costs.
Mike forwarded an email he received from Richard Anderson, CEO of Delta, introducing a 12 airline initiative to end oil speculation:
For airlines, ultra-expensive fuel means thousands of lost jobs and
severe reductions in air service to both large and small communities.
To the broader economy, oil prices mean slower activity and widespread
economic pain. This pain can be alleviated, and that is why we are
taking the extraordinary step of writing this joint letter to ...
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