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Incomes tend to be much lower in farming areas than in cities, and this has made the government wary of raising taxes sharply on gasoline and diesel, even though steep fuel taxes might limit consumption.
PAGE B3 THE DECLINE OF PREMIUM CLASS The worsening economy is taking a toll on Europe's flagship airlines, with dwindling sales of first- and business-class tickets helping to drive the decline along with steep fuel prices during the summer.
Like others monitoring the crisis, which began on Aug. 19 with scattered protests against steep fuel price increases, he said it was difficult to learn the numbers of dead in a chaotic situation in which hospital sources are sometimes reluctant to talk.
In a turnaround from last week, Air China dropped 6.0%, as parent companies of its peers China Eastern Airlines and China Southern Airlines have received or look likely to receive government aid due to steep fuel hedging losses.
Yet if you can afford a Porsche, you can probably also afford a fairly steep fuel bill - so why has the company taken the time, trouble and expense to develop it?
The continuing ascent of energy prices sent airline stocks into severe turbulence Wednesday as AMR, parent of American Airlines, said it would eliminate some flights to offset steep fuel costs.
Similar(54)
Oil prices that are close to the highest in a decade and steep government fuel taxes have produced protests in Europe.
The climb was so steep that fuel flowed out of the vent holes from the aircraft's wing tanks.
In most markets, but especially North America, the steep fall in fuel prices has restored some profitability to truck operators, and with it their ability to replace ageing equipment.
Gazprom, the world's largest natural gas company, offered a steep discount on fuel in exchange.
Unparalleled tax hikes, including a steep levy on fuel, have hurt households as never before.
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