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US airlines: The honeymoon may be over
By By Doug Cameron
Published: June 18 2007 02:27 | Last updated: June 18 2007 02:27
The briefest of honeymoons may already be over for the US airline industry, quite a feat for a sector without even a marriage to celebrate.
No sooner had the industry chalked up its first profitable year since 2000 than executives started offering gloomy predictions of emerging overcapacity as, for the first time in five years, all of the major carriers operated outside of bankruptcy protection...
The rest of this article is for FT.com subscribers only
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US airlines: The honeymoon may be over
By By Doug Cameron
Published: June 18 2007 02:27 | Last updated: June 18 2007 02:27
The briefest of honeymoons may already be over for the US airline industry, quite a feat for a sector without even a marriage to celebrate.
No sooner had the industry chalked up its first profitable year since 2000 than executives started offering gloomy predictions of emerging overcapacity as, for the first time in five years, all of the major carriers operated outside of bankruptcy protection...
The rest of this article is for FT.com subscribers only
LINK