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The three most significant problems in the airline industry.

Date Submitted: 04/22/2004 11:18:27
Category: / Business & Economy / Economics
Length: 3 pages (828 words)
The importance of the airline industry to the economy, the nation, and the basic standard of living by Americans was made evident by the horrific events of September 11, 2001. The airline industry has desperately tried to recuperate its' losses due to that fatal day nearly two years ago. As airlines begin to catch a glimpse of hope for the future, there are three factors that they must deal with that have become the most significant problems …
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…has the airlines doing so until 2004. There are many problems that the airline industry faces. Rising fuel costs, increasing insurance prices, and escalating security fees are just the most significant. Many of the airlines are still trying to figure out how to recover from their bankruptcy woes and others are trying to avoid it. The industry will survive but it will be a few years before it will be the lucrative industry it was in 2000.
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