Oil prices, airlines and retailers

Gavin Lipsith

15-Jul-2008

How the rising oil prices affect the travel-retail industry

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Getting to the bottom of oil pricing is as difficult—and as sticky—as drilling for oil itself. The price of a barrel is at present well over $140, and depending on

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(15-Jul-2004) - Sweden's largest airport, Stockholm Arlanda, has cut prices sharply in its duty-free stores in a bid to make its liquor offer more attractive.
(15-Apr-2005) - US/CANADA. Operators on the northern border of the US have voiced concern over the surging price of oil and are claiming that the increases are likely to deter US travellers from crossing the border
(23-May-2008) - The Pacific Asia Travel Association and Centre for Asia Pacific Aviation have warned that the effects of record oil prices will be passed directly to consumers and will influence travel-retail