FuelClub Discount

US Airways said it is canceling the leases on aircraft scheduled for delivery, charging for checked baggage, introducing a new in-flight beverage program and increasing fees associated with employee guest and parent travel programs.
“Our industry is profoundly challenged by the dramatic increase in fuel prices, and we must write a new playbook for running a profitable airline in this new and challenging environment,” Chairman and Chief Executive Doug Parker said in a news release.

The airline said jet fuel costs have nearly doubled in the past year, driving up annual energy expenses by $1.9 billion. The company reported a profit of $427 million last year. But fuel now accounts for 39% of total expenses; it was 14% in 2000.
Roughly 300 pilots, 400 flight attendants, 800 airport employees and 200 staff members will be eliminated from the company’s ranks, US Airways said.
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The high cost of diesel has put Atlantic Canada’s trucking industry between a rock and a hard place. Industry executive Shane Esson more aptly describes it as being in survival mode.

Skyrocketing diesel prices have put several Atlantic companies in a precarious financial position and any short-term relief is not on the horizon.

Diesel prices have increased as much as 50 per cent in the past year and trucking companies are paying in excess of $20,000 a year more per truck for fuel over last year.

“There are a lot of carriers who are right now operating at a loss,” says Mr. Esson, general manager of Keltic Transportation of Moncton. And if there are any companies making money, it’s very minimal, he says.
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Fuel prices are the latest problem to hit the farming industry and one Welsh agricultural contractor warned yesterday that they could drive him out of business.

Tecwyn Hughes of Cleifiog Isaf, Llanynghenedl who works alongside his two sons has been contracting from his Anglesey home since 1952, but fears that he will have to quit because of massive rises in the price of red and white diesel.

Mr Hughes said: “In all my time in this industry, I have never faced a situation as dire as this. I feel as though contractors and farmers are being pushed over the edge as we simply cannot cope with the huge rise in the price of fuel.”
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