Priced Out by Oil Cheap Airlines Are Losing Altitude

Expensive oil could end up spelling the end for once-celebrated budget airlines. Increasingly, Air Berlin, easyJet and co. are running into major difficulties. And getting rid of excess ashtrays won't be enough to save them.
Budget airlines like Condor and Air Berlin are having trouble staying aloft these days.

Budget airlines like Condor and Air Berlin are having trouble staying aloft these days.

Foto: AP
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