War Puts Fear in Airlines

If it comes to war with Iraq, the airline industry fears its financial battles will only get worse.

Still trying to reach pre-9/11 levels of travel, airline executives said they think war with Iraq would dash those hopes, and possibly make the industry’s situation worse, reports the Associated Press. Airline travel in November 2002 was still 18 percent off the November 2000 mark.

Major airlines have laid off more than 80,000 employees, reduced flights, and expect to have lost

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