We're In A Flat Spin, Maverick...
Another airline, Frontier, filed bankruptcy today in New York. You can see the Associated Press story here. That makes four airlines in the past several weeks: Frontier, Skybus, Aloha Airgroup and ATA Airlines.
It looks like turbulence is ahead this summer for the airline industry as fuel prices are expected to soar. Indeed, Southwest Airlines has specifically warned investors of rocketing fuel prices this summer.
