Advanced Navigation Systems and Fuel Conservation
Abstract
Air Canada's fuel budget for 1982 is $645 million, and represents 30% of the airline's annual operating expense. No single airline expense item has escalated faster than fuel price. Combine this with inflation, high interest rates, general recession and the pressure of de‐regulation, to see that we are guiding the airline industry through a grave financial crisis—and some airlines will probably not survive.
Citation
SIMPSON, C.C.H. (1983), "Advanced Navigation Systems and Fuel Conservation", Aircraft Engineering and Aerospace Technology, Vol. 55 No. 7, pp. 21-22. https://doi.org/10.1108/eb035883
Publisher
:MCB UP Ltd
Copyright © 1983, MCB UP Limited