|
Airlines are now run by professionals, looking to make a profit for shareholders, he said. And despite those rising prices, he thinks flying today is still "an incredible bargain." "In the bad old days of the industry, people got used to fares that were absurdly low," Smisek said, noting that they didn't even cover the cost of fuel. "This is a business that remains brutally competitive," he told the conference.
[Associated
Press;
Copyright 2013 The Associated
Press. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
News | Sports | Business | Rural Review | Teaching & Learning | Home and Family | Tourism | Obituaries
Community |
Perspectives
|
Law & Courts |
Leisure Time
|
Spiritual Life |
Health & Fitness |
Teen Scene
Calendar
|
Letters to the Editor