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How is the economic downturn affecting the airline industry?
Essay specific features
Written by:
Dennis L
Date added:
June 22, 2015
Level:
University
Grade:
B
No of pages / words:
4 / 1009
Was viewed:
6469 times
Rating of current essay:
Essay content:
Cost reduction initiatives have been announced.
? Slowdown in the US economy is expected to accelerate consolidation talks between the majors.
? Cash cushions at most US majors from a profitable 2007 will help them in the short-term. Financial impact of slowdown could be delayed to 2009.
? FAA investigations into major US airlines maintenance practices regarding AD’s were heightened as a result of the increased scrutiny following lapses of compliance...
displayed 300 characters
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Financial impact of slowdown could be delayed to 2009.
? FAA investigations into major US airlines maintenance practices regarding AD’s were heightened as a result of the increased scrutiny following lapses of compliance.
ANALYSIS
? Stagflation in US economy threatens outlook for the airline industry profitability...
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