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    consume 24% of an airline’s operating budget and labor takes another 22%. Pilot uni
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    It’s as if the airline industry has flown directly into the perfect storm. Just as air travel volumes reclaimed their pre 9-11 levels, surging oil prices began threatening airline profitability. In response to oil prices, some airlines locked in rates while others took their chances with the volatile oil market. On average fuel costs consume 24% of an airline’s operating budget and labor takes another 22%. Pilot unio
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    air travel volumes reclaimed their pre 9-11 levels, surging oil prices began threatening airline profitability. In response to oil prices, some airlines locked in rates while others took their chances with the volatile oil market. On average fuel costs consume 24% of an airline’s operating budget and labor takes another 22%. Pilot uni
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    ing airline profitability. In response to oil prices, some airlines locked in rates while others took their chances with the volatile oil market. On average fuel costs consume 24% of an airline’s operating budget and labor takes another 22%. Pilot uni
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    while others took their chances with the volatile oil market. On average fuel costs consume 24% of an airline’s operating budget and labor takes another 22%. Pilot uni
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    consume 24% of an airline’s operating budget and labor takes another 22%. Pilot unions have a firm grip on labor costs and negotiations with the unions have been futile. Additionally, security costs and stringent FAA regulations put additional strain on airline operating costs without signs of relief. These issues hurt the entire airline industry; even low cost carriers like Jet Blue, Southwest, and Ryanair have been

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