Flight Line Times newspaper clipping from September 16, 1981 announcing Laker Airways 14% Skytrain fare increase
This newspaper clipping from Flight Line Times dated September 16, 1981, reports on Laker Airways' announcement of a 14% rate increase on their popular Skytrain trans-Atlantic route. Sir Freddie Laker attributed the fare increase to the strengthening American dollar against the British pound, noting that while two-thirds of the airline's revenue was in British currency, their debts and fuel costs were denominated in dollars.
Laker Airways Sir Freddie Laker Skytrain Flight Line Times newspaper clipping 1981 fare increase trans-Atlantic currency exchange aviation news 1980s
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