Peterpan wrote:
Delta announced today it will lose another 1 Billion dollars in 2005
Most of the US Airlines are losing money due to higher fuel cost's
In Europe, airlines are making money and the fuel is 3 times more
expensive.
I don't get it.
Is it some new type of math the US airlines are using or have they
become bloated Politically Correct business model disasters due to PC
hiring practices and employee perks?
Or are they looking for a tax payer bailout for their inefficient
business operations?
Most European countries have heavy taxes on petrol. The cost of the
actual product is less than in the US. My guess is that the EU wants to
encourage airline business and provides some tax breaks.
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