Jet Fuel Prices Force AA to Halt Flights
Posted on: Friday, 30 September 2005, 15:00 CDT
The biggest U.S. airline said Friday it was canceling 15 roundtrip flights because of out-of-control jet fuel prices.
American Airlines said the flights from Chicago O'Hare and Dallas-Fort Worth International would be canceled from Oct. 5-29. The airline also is ending permanently its flights between Chicago and Nagoya, Japan.
Jet fuel prices have been rising even faster than crude oil prices for the last year, but it was the 39 percent rise in jet fuel costs in the last month alone that pushed us to make this decision, said Dan Garton, an executive vice president.
Jet fuel was 91 percent more expensive on Thursday than in September 2004, while crude oil prices have risen 45 percent in the same period.
Source: United Press International
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