Northwest CEO calls speculation top reason for industry's woes

06/23/2008 | MarketWatch

Testifying before Congress today, Northwest Airlines CEO Doug Steenland urged Congress to increase regulation of commodities trading and close loopholes in trading. Steenland noted that fuel is nearly 40% of airlines' operating cost. "If the current pricing dynamic does not change, our industry will be severely challenged and will continue shrinking -- to the detriment of customers, employees and the communities we serve," said Steenland.

View Full Article in:


Published in Brief:

SmartBrief Job Listings for Transportation

Job Title Company Location
Manager Air Traffic Control
US Airways
Philadelphia, PA
Manager - Asia Specialty Sales
Delta Air Lines
Atlanta, GA
Representative - International Human Resources
United Airlines
Manager, Social Media
Airlines for America
Washington, DC
Web & Social Media Coordinator
Houston Airport System
Houston, TX