Northwest: $100 oil to lead to mergers
Posted by admin on March 11, 2008photo by caribb
Oil, which has been hitting record highs seemingly every day now, has always been a problem for airlines. But when the price of oil starts getting above $100, it becomes a really big problem. On a pre-recorded telephone message for Northwest employees, CEO Doug Steenland said that oil was becoming a “serious budget-breaker”. […]
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