To anticipate aviation industry trends after a period like the past five years--dominated by recession and slow recovery that rocked the world airline economy--demands a compilation of lessons learned. But that's not nearly as easy as it seems. To begin, you must separate the trends from the events that distort them. Take the central trends that brought so many airlines so low. They were set loose by the bursting of the U.S. technology-economy bubble and the recession that accompanied ...


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