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
Sr Analyst – Hub Structures / Network Optimization
American Airlines
Fort Worth, TX
Area General Manager
Aircraft Service International Group
San Francisco, CA
Director, Workforce
Arlington, VA
Sr. Data Warehouse Developer
US Airways
Phoenix, AZ
Senior Specialist Airport Leadership Development
Alaska Airlines
Seattle, WA