Desperate for lower fuel prices, airlines have asked their customers to lobby Congress to rein in oil speculation.
Jeremy Hobson reports.
Airlines pay for locking in fuel prices
Some airlines are reporting losses, and a big reason for that is because many of them locked in expensive fuel prices when gas was reaching record highs during the summer. The process is...
Airlines pay for locking in fuel prices
Just about every U.S. airline is reporting losses, and a big reason why is that they locked in expensive fuel prices when those prices were at record highs last summer. Janet Babin reports.
United cuts jobs, planes
High fuel prices have driven United to cut 1,500 jobs and ground 100 of its planes. Jill Barshay explains the lengths airlines have been forced to go to in order to cut costs.
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