July 8, 2008

Could These Articles Possibly be Related to One Another?

AirTran to cut 480 jobs to reduce costs (Tampa Bay Business Journal)

Fewer fliers at Tampa International Airport (Tampa Bay Business Journal)

The airline had projected to grow about 10 percent this year, but because of high fuel costs, it is reducing capacity by 5 percent. The job cuts mirror the capacity cuts.

We're not economists but maybe these are related? Is it all energy related? Some of it surely, but all? We're not convinced, but we'll go with the 'ancient business practices with no innovation' for $200 please Alex.

Whatever the culprit, it doesn't bode well for Tampa in general, as again, more job losses make the business news.