Energy Prices
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Fed Report: Boston, Kansas City Experiencing Strong Business Travel
… demand weakened during the reporting period. Contacts were less optimistic in their outlooks for the year, citing high energy prices and the bankruptcy of several service and maintenance companies that serve the airline industry."
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U.S. airlines in March achieved an 11.5 percent year-over-year increase in domestic passenger yield to 16.75 cents per mile
… which have risen more than 30 percent from a year ago," according to ATA chief economist John Heimlich. "The airline industry remains concerned about a possible slowdown in demand induced by rising energy prices across the economy."
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Face To Face With Southwest CEO Gary Kelly
… more importantly, it informs how one would think about energy prices . I don't think we're any better or worse than anyone else at trying to predict what energy prices might be, but there's a lot being written right now …
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SWA To Maintain Capacity In 2010
… Southwest's quarterly operating expenses decreased 5.7 percent from the third quarter of 2008, driven by lower energy prices , as fuel costs decreased 17.4 percent to $2.13 per gallon, including taxes. As of Oct. 14, it had derivative …
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Op-Ed: Cap-And-Trade Policy Could Hamper The Reduction Of Airline Carbon Emissions
… strides in recent years to increase fuel efficiency and reduce carbon emissions, driven by the volatile nature of energy prices as well as environmental concerns. Those efforts have resulted in a 110 percent improvement in fuel efficiency among …
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Demand Pictures Softening: Slower U.S. Hotel Demand Could Mean Pricing Relief
… hopes of a better picture of what the economy holds. "There's uncertainty with the economy and uncertainty with energy prices ," he said. "They want to be prudent and not overreact." mbaker@btnonline.com
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Katrina Roils Industry: Hurricane Closes Hotels, Cancels Mtgs., Hikes Jet Fuel Prices
… said J.P. Morgan Securities analyst Jamie Baker. "Regrettably, the same cannot be said of Katrina's impact on energy prices ." Though some affected airports were expected to be operating close to normal this week, travelers still were urged …
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Airfares Poised To Rise As All Eyes On Oil
… still is within budget for the quarter, suggesting the impact on operations has generated more headlines than anything else," said J.P. Morgan's Baker. "Regrettably, the same cannot be said of Katrina's impact on energy prices ."
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Oil Fueling Airfare Hikes
… Southwest CEO Gary Kelly, speaking during an investors conference last month. "We need to be prepared for much higher energy prices ." A recent eye-popping Goldman Sachs investment report on the energy sector brought such news, suggesting oil …
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One-On-One: SW CEO: Crisis Opens Door
… the long term we need to be prepared for much higher energy prices than we have had historically. BTN: Do you think lobbying ..... I tend to agree with all the theories that increased energy prices are a form of a tax, with the same effect as raising …
