Word: 9s
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Dates: during 1980-1989
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...bleak. Air carriers may have to operate at reduced schedules for perhaps a full year, while the Federal Aviation Administration trains new air-traffic controllers to replace those fired by the President last week. This would force the companies to curtail flights of their less efficient planes, including DC-9s and Boeing 727s, and ultimately to accelerate the selling off of the aging planes, which has actually already been under way for months. With fewer planes in the air, more seats would be filled, and discount fares would diminish. Overall industry profits would wind up climbing rather than falling...