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A large number of other industries are facing similar problems. The retail industry is the most obvious. Beyond that, airlines are back in trouble. All of the merger plans that carriers were looking at last summer can be dusted off. Traffic is falling sharply as consumers and businesses cut back...
AIRLINES & AIRPORTS
Bring a Friend. To celebrate Barack Obama's Inauguration, Ethiopian Airlines is offering a free companion ticket to any of its 32 destinations in Africa, including Nairobi, Cairo and Johannesburg, from Washington's Dulles Airport. Book Feb. 1 through March 30. 800-445-2733 (See 10 things to do in...
Indeed, despite India's economic slowdown, even companies not flirting with bankruptcy are being pressured to avoid staff cuts. When Jet Airways, one of India's biggest airlines, tried to lay off 1,900 employees in October amid a deepening financial crunch due to high fuel prices, India's Aviation...
"Every other crash - including some of the famous ones, like the one that happened 27 years ago this week with Air Florida in Washington and TWA Flight 800 and the Egypt Air event in 1999 - these were all cases that the plane had clearly crashed in the water, but did...