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Eye on Uncle Sam (cont...) No move on foreign airline ownership and fresh concerns over the economy

11-Jul-2007

Eye on Uncle Sam (cont...) No move on foreign airline ownership and fresh concerns over the economy and oil

Long-term reforms of the global aviation industry have been

threatened by a back-down by the Bush Administration on a proposed easing of

foreign ownership restrictions on US airlines, bowing to bipartisan pressure

on the issue. [445 words]

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