Bankruptcy filings by Delta Air Lines and Northwest Airlines are putting an exclamation point on what is shaping up to be another horrific year for the global airline industry. The world's carriers are on track to lose a collective $7.4 billion this year, a 76% increase over last year's losses, according to a new forecast. While beleaguered U.S. carriers will again rack up most of the red ink, high oil prices are starting to take their toll on carriers in Europe and the Asia-Pacific as ...


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