Here’s the nightmare scenario: With earning reports due soon, the quarter looks awful. Wall Street will flay the CEO, and board members are wearing facial expressions of a group charged with high crimes. Somewhere down around item 13 on the meeting’s agenda is this brief item: “Terminate aircraft activity.” Within hours, it seems, the word goes out to the flight department personnel to come downtown to talk to the folks in outplacement. It falls to the department manager to arm the ...

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