Wow, the oil price’s impact is really rippling through the airline industry. In addition to shutting down its Ted budget unit, United plans to take 70 more planes out of service and cut up to 1,100 more jobs. Press release here.
Well, I just reserved 5 tickets on a Ted flight in November (family trip to Walt Disney World). I had thought of waiting a couple of months to see if the fare came down at all, now I think I’m glad I didn’t. At least we have the reservations. Who knows what will happen? That’s the problem with air travel these days—everything seems so… up in the air.