Crystal International (CINT.OB) Caters to Leisure, Frequent Travelers
U.S. passenger and cargo airline operations burned nearly 20 billion gallons of jet fuel in last year, according to Air Transportation Association. For every penny tacked on to the price of each gallon of jet fuel, an additional $190-200 million are needed in annual fuel costs - if the price rose a dollar higher over the duration of just one year, operating costs would shoot up about $20 billion.While the price airline passengers pay for tickets may inflate slightly, airlines recognize the demand for "elastic" pricing. If you've paid only $200 roundtrip to a certain destination last year, would you…
