20080614

Bankruptcies seen for major airlines

FORT WORTH, Texas - All of the major airlines could be in bankruptcy by early next year if oil prices stay where they are, a new study predicts. The grim analysis by the consulting firm AirlineForecasts was commissioned by the Business Travel Coalition. Its author concludes that the airline industry is in a full-blown crisis "and heading toward a catastrophe." More... Discount Magazine Subscriptions - Discount Cigarettes & Tobacco - Nutty News