No one would deny that a wind of change is blowing through civil air transport. But is it the tail-end of what pundits have dubbed the "perfect economic storm," or is the industry sitting in the eye of it? While airline profits have been blasted and traditional structures shattered, the clouds of concern have yet to clear away and still look ominously dark. After all, bankrupt businesses cannot last forever, yet sky-high fuel prices might. Throughout this period, considerable criticism ...


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