Gulfstream International has filed for chapter 11 and sited Rising fuel costs as a major contributor. With the rebounding economy, stock market, etc. oil prices have also been on the rise. Personally I believe them to be a major contributing factor to crash we had in 2008.
I am not sure as to why the media does not acknowledge this as one of the main problems but time after time defers to the housing market. Well, with rising fuel prices once again I think a minor double dip recession may be looming.
Here is a great article that explains the Gulfstream International chapter 11 filing. Click Here
What else is there to say but goodnight and goodnight to you Mrs. Amore, wherever you may be.
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