CAPA’s Hottest Airlines to watch in 2011: North America
The North American airline industry suffered through a painful decade, starting with the tech wreck and 9-11 and culminating in the GFC. Smaller and leaner, airlines in North America have made a comeback in 2010. Yields are up, profits are back and staff numbers are starting to climb again. The deep cutbacks, which have seen almost one in three aviation workers in the US have lose their jobs since mid-2001, appear to have helped stabilise the situation.
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