June 12, 2008 at 10:08 pm
The trend in the U.S. and soon to be adopted in Europe, is for airlines to have to pay for their fuel ‘up front’ instead of being allowed the usual period of credit. I would have thought that the windfall profits that the suppliers are enjoying at present woul not have dictated such harsh terms.:confused:
http://business.timesonline.co.uk/tol/business/industry_sectors/transport/article4004371.ece