Fare Wars, Oil Prices Cause Major Concern For Carriers,
Subcontractors
Faced with structural growth in air traffic, increased
competition, price pressure, and the rise in oil prices, the
airline industry is facing new challenges that are hurting carriers
and subcontractors, according to a study by global trade credit
insurer Euler Hermes. However, the effects are widely varied
between aircraft manufacturers and the airlines themselves.