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Just the Beginning?


Guest b52er

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According to the report, Airlines In Crisis: The Perfect Economic Storm, economic damage could be so severe that “there is serious risk of chaotic industry bankruptcies and liquidations” and “the prospect of a forced nationalization of the industry is not unrealistic.”

“The economic risks go far beyond the airline industry–the stakes for the entire U.S. economy are extremely high,” said ATA President and CEO James C. May

http://www.airlines.org/public/news/display2.asp?nid=6502

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