Airlines see pros and cons in Obama administration policies

06/28/2010 | Politico (Washington, D.C.)

Obama administration policies have affected the airline industry in at least three significant ways, according to political and industry experts. Unions are gaining strength, passengers are gaining rights and climate-change legislation threatens to impose huge new expenses. But airlines are enthusiastic supporters of administration policy when it comes to financial reform, which is seen as a tool for stabilizing oil prices. "We went from buying fuel at $30 a barrel to $147 a barrel a few years ago, an increase not supported by supply-and-demand fundamentals," says a spokesman for the Air Transport Association.

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Politico (Washington, D.C.)

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