ATA Says Fuel Prices to Rise 40%
The Air Transport Association (ATA) forecast that fuel prices will jump 40% this year over 1999's level. In the first quarter, fuel costs rose from 44 cents per gallon in 1999 to 77 cents -- an increase of 75%. On an annualized basis, ATA forecast that jet fuel costs will rise from $10.2 billion in...
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