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    Airlines Update

    By JD Bluefield | March 23, 2008

    alohaplane.jpgHonolulu Advertiser has now stated that, Aloha Airlines is now up for sale. Financial backers have pulled out further support and Aloha is now in talks with possible buyers. Aloha repeatedly cited the increasing fuel costs as a reason for failing. Airlines hedge fuel cost, which I explained in Beat Inflation, but I’m positive they never planned on battling the $40/barrel increase of 2007. With oil hanging at around $100/barrel, many airlines will soon, if not currently, bleed red ink.

    How will the higher fuel costs affect you?

    With Americans getting fatter than ever, will we eventually be stepping on that check-in counter scale ourselves? I can’t wait for that day.

    Topics: Travel |

    One Response to “Airlines Update”

    1. greenmeadow Says:
      March 23rd, 2008 at 12:34 pm

      I hope Aloha can survive this crisis. Go airlines has only one goal, kill off Aloha and Hawaiian. Then they can control the price of travel between the islands. Before Aloha, Hawaiian control the price of travel between the islands. The problem with Aloha and Hawaiian is that they are into more than inter-island travel. That cost cannot be diminished so they can concentrate on inter-island competition. Competition is healthy, but let’s hope Aloha can survive.

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