Rise in oil price

India
June 4, 2008 2:05pm CST
Rising fuel price threaten to trigger a shakeout in the domestic airline industry. Analysts are already warning of smaller airlines becoming vulnerable for takeovers or going bankrupt.Not only airlines but also other industry also badly affect due to rise in oil price.
3 responses
• Kottayam, India
8 Jun 08
with the increase of Oil Prices common man has to suffer much.
1 person likes this
• Belgium
4 Jun 08
There are many other ways to get a plane in the air :) Now more and more people will use other ways to get their machines running ;) Don't worry, everything will be fine :)
1 person likes this
@pkc3000 (1266)
• India
16 Jun 08
dear lenkajyoti u r right . Due to increase in fuel price except common people of India nobody will suffer as rich becomes more richer. Not only airlines all other commodities will increase directly or indirectly. pkc3000