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Old 08-20-2005, 07:44 PM
tylerdurden tylerdurden is offline
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Join Date: Jan 2004
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Default Re: Airlines losing money or bankrupt

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How can these companies be going bankrupt or losing money?

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Because they're poorly managed? That's partially unfair. Notice the "old" airlines are the ones in trouble - the ones that were founded in the era of regulation. They haven't adapted. Part of that is because their unions haven't allowed them to adapt. The newer airlines without regulation-era baggage are doing OK.
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