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The Airline Crisis: New Personal Finance Video

Posted April 14, 2008

Airline crisis
Baltimore — (TFN): American Airlines (AMR) may have been experiencing an existential crisis last week. Other airlines’ maintenance troubles are only starting. But even those airlines unaffected by the recent cancellations are in for trouble. The US recession is wreaking havoc on domestic and international carriers alike. Expect airline industry profits to turn into negative territory by late spring — and to plummet by summer

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