The Outlook for 2009
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The International Air Transport Association reported on Tuesday that U.S. air carriers could post a very modest $300 million profit while the world’s other regions will likely endure $2.5 billion in losses. The losses will be nowhere near as severe…
LaHood’s Aviation Agenda
Last Friday, President-elect Barack Obama named Illinois Republican Congressman Ray LaHood to head the U.S. Department of Transportation. LaHood has been characterized “as a pragmatist” with a “determination to get things done while not getting bogged down in ideology.” The…
Meta: No Auto Bailout…For Now
Yesterday’s blog post concluded with a brief remark on the possibility of U.S. airlines falling in line behind the automakers if the global economic crisis proves too damaging. News that the bailout bill died in the Senate Thursday (see The…
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January 5, 2009 3:55 am
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