Desperate Times And Desperate Measures
Oneworld airline alliance considers collective fuel buying
ISTANBUL - Oneworld, one of three global airline alliances, that includes British Airways PLC and Cathay Pacific Airways Ltd., said Monday its members were considering buying fuel collectively.
Oneworld representative John McCulloh said a proposal to buy fuel together to save on costs was to be considered at a meeting next week.
McCulloh, speaking at the general meeting of airline industry body IATA, said fuel producers had clubbed together and collective bargaining by airlines could lead to savings.
Oneworld includes British Airways, AMR Corp.'s American Airlines, Cathay Pacific, Finnair Oyj, Iberia Lineas Aereas De Espana, LAN Airlines, Qantas Airways Ltd., Japan Airlines Corp., Royal Jordanian and Malev.
McCulloh conceded some members were reticent about the idea without naming them.
money.cnn.com
Comments
im interesed in selling you jetfuel please let me know if you are interested i have 80 million barrels at 87 dollars sitting in the us im one party in between sellers mandate, thank you i hope you are interested or relate the message to the right personnel.
Post new comment