A View From The Handbasket

Wednesday, September 14, 2005
I'm Pandora. Fly me.
Posted by neros_fiddle at 6:03 PM
Four of the seven largest US airlines are now bankrupt.

While there are certainly other factors at work (deregulation not the least of which), everyone agrees that $70/barrel oil is not making life any easier for carriers. I'll have a lot more to say about oil in the coming days, but it's safe to say that the airline industry will have company in Darwin's Waiting Room before long.

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