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Airline Prices to Rise?
(2007-12-24)
(wgvu) - MINNEAPOLIS (AP) - The CEO of Northwest Airlines says travelers
will probably pay higher airfares next year if fuel prices don't
fall.
Doug Steenland tells the Star Tribune of Minneapolis that high
oil prices will be the chief challenge facing the carrier in 2008.
And he says there will be fewer passengers if airfares go up to
reflect fuel prices.
Northwest expects to earn more than 700 million dollars this
year. Steenland anticipates it will remain profitable in the coming
year.
Eagan, Minn.-based Northwest is Michigan's leading passenger air
carrier and handles the majority of travelers at Detroit
Metropolitan Airport hub.

(Copyright 2007 by The Associated Press. All Rights Reserved.)

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