US Airways Ancillary revenue, capacity restraint help US Airways offset fuel spike
. Discipline in capacity growth and ancillary revenue will continue to help US Airways counteract soaring fuel prices, Chief Operating Officer Robert Isom said.
"Even with the sudden drop in fuel prices, it's still vital to our long-term success to constantly search for ways to improve our fleets' profitability and to ensure we are less affected by another dramatic fuel spike
," said Dale Fink, founder and owner of McKelvey Trucking, which is working with EMTA.
Rising energy prices have some-what stifled consumer spending, yet heaters have stood to benefit from the fuel spike
, as they serve as a lower-cost alternative to full-home heating.
But PSNH has argued that the area's reliance primarily on natural gas could pose problems if the price of that fuel spikes
, as it did last winter.
Although most companies have already adopted the strategy of locating DCs close to transportation hubs and gateways, such fuel spikes
still have a huge impact on transportation and distribution costs.
Major US airlines are cheering the jaw-dropping decline in fuel prices, but at the same time are wincing that some of the insurance they bought to hedge against fuel spikes
seems to have been a waste of money.
Fears over attacks on oil installations and pipelines in Nigeria have helped fuel spikes
. And the looming US summer holidays, when millions take to the roads, has also seen demand rise.