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Future of the Airline Industry

June 21, 2002 • Volume 12, Issue 24
Will tighter security slow U.S. carriers' recovery?
By Brian Hansen

Introduction

A Boeing 737 jetliner approaches Ronald Reagan Washington National Airport on Oct. 5, 2001, a day after the airport reopened. It was the last commercial airport reopened in the United States following the Sept. 11 terrorist attacks.  (Getty Images/Joe Raedle)
A Boeing 737 jetliner approaches Ronald Reagan Washington National Airport on Oct. 5, 2001, a day after the airport reopened. It was the last commercial airport reopened in the United States following the Sept. 11 terrorist attacks. (Getty Images/Joe Raedle)

Airline passenger traffic fell a catastrophic 33.2 percent after Sept. 11. Carriers slashed services, furloughed workers and canceled orders for new planes, but they still lost an estimated $7.7 billion in 2001. The picture would have been worse without the government's $15 billion rescue package. Most aviation experts say the airlines were struggling before the terrorist attacks due to declines in high-priced business travel. In any event, new aviation-security legislation has created another challenge for the airlines: the hassle factor. The new law gives responsibility for airport security to a new federal agency. But many travelers say they don't want to deal with the long check-in lines, shoe inspections and other inconveniences they now encounter.

ISSUE TRACKER for Related Reports
Air Transportation
Oct. 18, 2013  Domestic Drones
Mar. 07, 2008  Future of the Airlines
Jun. 21, 2002  Future of the Airline Industry
Sep. 24, 1999  Airline Industry Problems
Oct. 08, 1993  Airline Safety
Oct. 24, 1986  Airline Deregulation
Oct. 19, 1984  Safety in the Air
Nov. 26, 1982  Troubled Air Transport Industry
Jun. 25, 1976  Air Safety
Mar. 21, 1975  Air-Fare Control
Jan. 27, 1971  Future of the Airlines
Sep. 10, 1969  Jumbo Jets: New Travel Era
Feb. 22, 1967  Airport Modernization
Mar. 18, 1964  Supersonic Transport Race
Feb. 07, 1962  Troubles of the Airlines
May 11, 1960  Prevention of Air Accidents
Sep. 17, 1958  Safety in the Air
May 23, 1956  Jet Age Problems
May 20, 1953  Safer Flying
Feb. 26, 1947  Air Safety
Jun. 08, 1944  Domestic Air Transportation
Apr. 08, 1944  International Air Transport
Mar. 02, 1939  Transatlantic Air Commerce
Jul. 14, 1927  Commercial Aeronautics
Jun. 20, 1925  Development of Commercial Air Navigation
BROWSE RELATED TOPICS:
Air Transportation
Terrorism and Counterterrorism
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