Energy Sector Taking Its Belt-Tightening Turn

[UPDATE, April 13, 2017: The SkyTeam airline alliance announced a new program dedicated to marine and offshore clients. The initial set of participating carriers is Aeroflot, Air France, Delta, KLM, Kenya Airways and Saudia. The program includes special fares and baggage policies. It is managed by distributor IAS Global to make the program "widely available to M&O specialist travel agencies worldwide through one convenient point of contact."]

When crude oil prices in 2008 peaked at around $140 a barrel, then-Continental Airlines president Jeff Smisek said oil and gas clients were "living large and . . .

The full content is available to subscribers

Author: David Jonas

David Jonas in 2006 co-founded business media firm ProMedia.travel after ten years as a journalist with Business Travel News. David rejoined BTN in 2010 as executive editor when its parent company acquired ProMedia, and in 2014 co-created The Company Dime. David has a bachelor's degree in communications from Cornell University.