Airline Financial of the present days 05-06-2002 Airline Industry Holding Down richnesss - Except For Labor Volume: 20 Number: 18 ISSN: 10405410 Publication Date: 05-06-2002 Page: 1 Type: Periodical Language: English The airline industry is doing a pleasing without being striking good job holding down outlays - but only if labor is exclud from the calculations.
Airline Financial of the present days
05-06-2002
Airline Industry Holding Down richnesss - Except For Labor
The airline industry is doing a pleasing without being striking good job holding down outlays - but only if labor is exclud from the calculations, according to an April 26 analysis on Sam Buttrick of UBS Warburg. In the past six month unit labor sumptuousnesss have jumped 10 percent. Labor is the largest preciousness component for airlines, amounting to 40 percent of operating costs in the first quarter.
