A Downside of Cheap Fares: Flight Cuts
Source: Yahoo.com
Author: Scott McCartney
Date: October 3, 2008
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Excerpt:
Cheap fares stimulated tons of travel over the past 20 years, but now airlines are
slashing schedules in markets where cheap fares dominate. Communities that have
enjoyed fierce airline competition now are paying a price in higher fares and fewer flights,
while cities where one airline has a fortress hub are seeing far smaller schedule cuts.
Click here to read full article.
Talking points
Do you travel by airplane very much?
Have you noticed an increase in airfares recently?
Will you be limiting your airline travel in the near future?
Airlines may have to raise ticket prices because of the economic situtation (rising cost of fuel and labor).
How do you think airlines can keep customers and maintain a profit?
Does it make sense for airlines to cut non-profitable routes and flights?
What would you do if you were an executive of a major airline? How would you cope with the economic situation?
Vocabulary from this article:
grounded
passenger
vanguard
trim(ming)
stimulate(d)
aviation
implication
track(s)
domestic
terminal
reduction
carrier
fare
slash(ing)
dominate
fortress
hub
capacity
eliminate(-ing)
destination
downturn
surge
diminish
fleet
region(al)
disproportionately
aggresive(ly)
pullback(s)
rebound
exponential(ly)
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Expressions
ride the wave
in essence
scale(-ing) back
major player(s)
be headed (to)
fierce competition
out of service
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