Flight Line Times newspaper clipping from September 16, 1981 about Laker Airways raising Skytrain fares by 14 percent
This newspaper clipping from Flight Line Times dated September 16, 1981 reports on Laker Airways' announcement of a 14% fare increase for its popular Skytrain trans-Atlantic service. Sir Freddie Laker cited the strength of the American dollar against the British pound as the reason for the increase, noting that while two-thirds of the airline's revenue was in pounds, debts and fuel costs were denominated in dollars.
newspaper clipping Flight Line Times Laker Airways Sir Freddie Laker Skytrain trans-Atlantic fare increase 1981 currency exchange aviation news
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