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SkyWest Inc. Message Board

  • scifi97 scifi97 Apr 11, 1999 11:54 PM Flag

    Fuel prices up, jobs down, trouble?

    It looks like OPEC is making the production quota
    stick for now, and the February jobs report (US) showed
    a net loss in job creation (more people lost jobs
    than found them) for the first time in months. There
    is concern March will also show a net jobs loss,
    which would be the first time in years we had a net
    loss for two months in a row. It could be enough to
    rattle confidence in the economy. Higher fuel prices
    squeezing profits and lower consumer confidence cutting
    into ticket demand could force a price war when the
    airlines can least afford it. Be careful out there!

    (Just my signature. SOP, not spam.)

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