Analyst: Lower fuel costs could allow upgrades to airline fleets

10/30/2008 | MarketWatch

Airline consultant Terry Trippler says aging fleets are one reason airfares haven't come down at U.S. carriers, despite the sharp drop in oil prices. Trippler says the airlines need to buy new planes, in addition to spending millions of dollars to upgrade the GPS systems in existing aircraft. In addition, although oil prices appear low today, no one is sure where they are headed in the future. "The airlines, like the rest of the country, are bracing for the worst and taking prudent steps to stabilize revenue," Air Transport Association CEO James May wrote in a letter to the Senate.

View Full Article in:

MarketWatch

Published in Brief:

SmartBrief Job Listings for Transportation

Job Title Company Location
Assistant Vice President for Acquisition Policy
Aerospace Industries Association
Arlington, VA
Manager, Aircraft Maintenance Planning and Business Analytics
Alaska Airlines
Seattle, WA
Sr. Network Planning Analyst
Frontier Airlines, Inc.
Denver, CO
Fleet Coordinator - Technical Operations Maintenance Control
United Airlines
Chicago, IL
Simulator Engineer - Temp Position 6-12 mos
Alaska Airlines
Seattle, WA