Flying the Bankrupt Skies

With Delta and Northwest joining the ranks of bankrupt airlines in September, about 40 percent of available seats on domestic flights are now with carriers that are in Chapter 11, according to the Air Transport Association, Washington, D.C. For meeting planners and attendees, airline bankruptcies likely mean route cutbacks, reduced services, and higher ticket costs.

“You've got to roll with the punches,” says John Heimlich, chief economist at ATA. “Bankrupt airlines tend to shrink, ch

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