Avianca President Believes Fares Won’t Shoot Up In Fuel Crisis
Air fares will undoubtedly be affected by record-high fuel prices, but they won’t rise in a way that will alienate the market, Avianca President Fabio Villegas told local press. “The prospects are indeed complex,” he noted. “With oil reaching US$110 a barrel, and accounting for 40% of our costs, no...
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