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United scraps expansion plans because of oil

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phantom power Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-09-11 09:32 AM
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United scraps expansion plans because of oil
CHICAGO — United Continental Holdings Inc. is scrapping plans to add flights this year, and says it will drop unprofitable routes because of rising fuel prices.

The announcement from the world's largest airline company on Monday is the latest example of airlines shifting plans because of the run-up in oil prices. Southwest Airlines matched an industry-wide fare hike, and the smaller Frontier Airlines said it would reduce growth plans.

http://www.msnbc.msn.com/id/41967372/ns/travel-news/
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