Is it the recent oil crisis responsible to push Delta and Northwest Airline out of business? Or is it something else? I don’t know. But I am sure besides fuel costs, their labour costs should be also rocket high as well. Of course, it is easier to blame the oil then their staffs.
I always remember the story of Southwest Airline about how Mr Herb Kelleher treasures their people and so the Airline could make money at the same time. In 2004 they have announced its 31st consecutive year of profitability. It means that amazingly they have never seen any red figures ever! It is already an incredible result for any industry. But for Airline industry it is really a mission impossible, especially when we compare their result with United Airline, US Airway, Delta, and Northwest etc.