TITLE

Flying Blind

AUTHOR(S)
Scheiber, Noam
PUB. DATE
October 2001
SOURCE
New Republic;10/8/2001, Vol. 225 Issue 15, p19
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Presents information on the financial condition of the U.S. Airways. View that with its generous pilot salaries and posh airplanes, U.S. Airways had the cost structure of a lucrative long-distance carrier, but competed primarily on shorter, less profitable routes; Impact of the slowing economy and increased competition on the airways; Comments on the $15 billion bailout that the U.S. Airways received from the federal government; Information on the fact that since its deregulation in 1978, the airline industry has been one of the most volatile in the country; Reduction in passenger traffic after the terrorist attacks in the U.S.
ACCESSION #
5261377

 

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