 Listen Now!
(6:34 Minutes)
Additional Features | |
Published on Saturday, July 19, 2008
By Art Marroquin
Anxious airline carriers reeling from financial pressures have posted travel schedules for November that reflect a 16.4 percent drop in flights at Los Angeles International Airport compared with a year earlier.
Rising fuel costs have prompted the airlines to use smaller jets, cut routes and increase ticket prices, leading to a reduction of more than 1,900 weekly takeoffs and landings at LAX by late fall, according to scheduling data released Friday by Atlanta-based Innovata, one of two airline industry databases.
As a result, 163,600 fewer seats will be available to airline passengers each week beginning in November, a 10.7 percent drop from the same period last year, according to Innovata's figures.
While most experts believe the fall airline schedule is firm, more service cuts may be on the horizon if fuel prices continue to inch upward, according to aviation consultant Mike Boyd of Evergreen, Colo
Read Full Article...
|