Airlines Look For Savings As Fuel Costs Rise

The need for US airlines to control costs is greater than ever with losses creeping back onto balance sheets and shares slipping, but carriers are simply running out of fat to trim after years of restructuring.

The main culprit undercutting profits is high fuel prices. But overall US economic weakness is threatening to erode travel demand and make it more difficult to generate revenues.

Nearly all carriers — even low-cost airlines such as JetBlue Airways and AirTran Airways — are looking for ways to run their operations more efficiently without compromising their services in the ultra-competitive industry.

Airwise