Airlines – Sunset Industry?

The beleaguered U.S. airline industry is struggling to make a ’safe landing’ in a turbulent air of financial and operational crisis. Fleet cancellations, grounding of planes, massive workforce reduction and bankruptcy filings are among the problems that are compounded by the skyrocketing of fuel prices. Adding oil to the fire, consumer confidence and travel demand have been receding, reflecting the slowdown in the overall economy.
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