Manufacturing Industry
Northwest Airlines rolls back fare hikes
Airline Industry Information, August 16, 2005
AIRLINE INDUSTRY INFORMATION-(C)1997-2005 M2 COMMUNICATIONS LTD
Northwest Airlines has rolled back some fare increases imposed last week.
The airline had reportedly increased fares to offset fuel prices and as a response to increases imposed by competitors. According to Reuters, JP Morgan analyst Jamie Baker has said that the fare change by Northwest may have a trigger effect on other airlines.
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