Wednesday, April 1, 2009
AIRLINES UNDER ADDITIONAL PRESSURE
The airlines have been under pressure for a while now. The main reason for this is the recession that is prevailing all over the world. Due to the economic recession all over the world, many are insecure about their jobs and seeing many getting dumped by their respective companies, all have gone to the save mode. The save mode about which I am talking here is the save money mode which has forced many not to go for the posh air tickets to travel. In addition to this, the new problem has arisen for the airlines as the air turbine fuel (ATF) has been raised by Rs. 2,750 per kilolitre.
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