year as the rising cost of jet fuel is making many routes commercially unviable. The company plans start to grounding its older, least fuel-efficient Boeing 747s, 767s and 737s aircraft. Jet fuel have soared well above US$170 a barrel and does not look like slowing down any time soon. With more analysts forecasting higher oil…
MARKETS: British Airways reducing capacity to fight rising fuel costs
Posted on June 29, 2008 by EnergyAsia