U.S. Airline Industry Struggles Through Turbulent Times

LOS ANGELES, CA - APRIL 15: A jet comes in for landing at Los Angeles International Airport (LAX) on April 15, 2008 in Los Angeles, California. With skyrocketing fuel prices and a weak economy, US airlines are turning to mergers which could ultimately lead to higher fares through reduced flights and increased market power. US carriers emerged from a five-year slump in 2006 but with $35 billion in losses. In the latest merger move to save profits, Delta Air Lines Inc will buy Northwest Airlines Corp for more than $3 billion, creating the world's biggest airline. Recent profit challenges to the industry have lead to the shutdown of ATA, Skybus, and Aloha Airlines as well as bankruptcy for Frontier Airlines. (Photo by David McNew/Getty Images)
LOS ANGELES, CA - APRIL 15: A jet comes in for landing at Los Angeles International Airport (LAX) on April 15, 2008 in Los Angeles, California. With skyrocketing fuel prices and a weak economy, US airlines are turning to mergers which could ultimately lead to higher fares through reduced flights and increased market power. US carriers emerged from a five-year slump in 2006 but with $35 billion in losses. In the latest merger move to save profits, Delta Air Lines Inc will buy Northwest Airlines Corp for more than $3 billion, creating the world's biggest airline. Recent profit challenges to the industry have lead to the shutdown of ATA, Skybus, and Aloha Airlines as well as bankruptcy for Frontier Airlines. (Photo by David McNew/Getty Images)
U.S. Airline Industry Struggles Through Turbulent Times
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Crédits :
David McNew / Employé
Editorial - n° :
80689633
Collection :
Getty Images News
Date de création :
15 avril 2008
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Autorisation non disponible. Plus d'infos
Source :
Getty Images North America
Référence :
51763423