Air Travel: What's Hot Now: Airline Losses after Sept. 11

Air Travel: What's Hot Now These articles that had the largest increase in popularity over the last week // via fulltextrssfeed.com

Airline Losses after Sept. 11 Dec 3rd 2011, 11:00 Perhaps no other industry was as immediately affected by the devastating events of September 11th as the airline industry. Beyond the passengers and airline crews who lost their lives on that day many airlines simply shut down. Of those that managed through the crisis-filled days and months that followed, tens of thousands of airline employees lost their jobs. This feature takes a look at the fractured status of the airlines in a post-September 11th world. The aftermath of September 11th meant a vast loss of jobs at many of the world's largest airlines. Bankruptcy has unfortunately become another keyword that airlines link to September 11th. Some of the airlines that attribute their demise (at least in some part) to the events of September 11th include: Sabena (Belgium), Swissair, Ansett Australia, and Vanguard Airlines (U.S.). Other carriers are wavering on the point of bankruptcy or require massive restructuring to continue. These are challenging times for airlines and those employed in the airline industry. Things in air travel are slowly improving. Some of the lost jobs have been regained, and passengers have returned to the airports. However, in the post September 11th climate it is hard to really know who will weather the turbulent economic times.

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