Airlines Flying Low
http://www.msnbc.msn.com/id/31788577/ns/travel-news/
All US airlines have reported disappointing numbers for June. This is not really surprising. The airlines industry unfortunately is one which is affected by poor demand from all its customer segments. Leisure travel, which is more like the bread and butter of the airlines industry, is down because holidaying and vacationing is down. These are discounted tickets, but they do help fill up the seats.
The jam for the airlines is in business travel. With business being down, travel for business is naturally down. Companies are searching for cost effective ways to reduce travel costs and these include replacing of travel with tools such as video conferencing. The flight path for the airlines industry looks to be through troubled skies for a while yet!
