Tuesday, June 10, 2008

Fuel Issues for Airlines

The average person is wondering how they are going to afford soaring fuel prices but what they forget to realize is the major fuel consuming industries and how they can afford these prices too.
Airlines are stuggling to find ways to save money so they can buy fuel. These airline companies have been working overtime and extra hard to find a way to pay for these soaring ful prices. Southwest airlines have decided that power washing the jet engines to get ride of the dirt and grime, using less water in the bathroom facilities, and updating the passangers seats with lighter ones will all benefit their fuel comsumption. They believe that all of these things will save gas which will decrease the amount of spending in fuel.
Forty percent of the ticket price goes straight to fuel expenses, while a couple years ago only fifteen percent went to fuel. Do you think there is a possibility that airlines will reduce flights because they will not be able to afford the price of gas after a certain amount of time? Do you think this is the perfect time to update airplanes with these new "fuel-saving" ideas? Do you think these ideas will actually cut the costs of fuel? Do you think summer travelers will spend more money in plane tickets than spending more money in gas for their own care knowing they are paying for fuel in both circumstances?

3 comments:

Greg Delemeester said...

Jessica, you ask too many questions in your blog post...why not try to answer some of the questions yourself?

(This goes for the rest of you also--in making a blog post I want you to analyze the situation--describe what's going on and make a prediction about what is likely to happen.)

Jordan Stryker said...
This comment has been removed by the author.
Jordan Stryker said...

Interesting thing about Southwest Airlines. While other airline companies are being killed by rising fuel prices, southwest is sitting in the cool since it locked its fuel at around $50 dollars a barrel. It really has helped them beat back their already struggling competition.