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- W654514449 abstract "This article details the quantity of red ink spilled by U.S. airlines in 2004 using hard numbers and tables to support the argument that this was a terrible year for airlines. The industry posted $7.5 billion in losses in 2004 with Delta Airlines posting the highest annual loss in history of $5.2 billion in a year, largely from the devaluing of some of its subsidiaries in the southeast part of the U.S. However, both airTran and JetBlue became major airlines with more than $1 billion in revenue in 2004. Though ATA went bankrupt, there was no major consolidation in the rest of the airline industry thanks to bailouts from U.S. taxpayers and a lenient a lenient court system. The detailed rundown on each companys failure is supported by tables listing: U.S. Major Airlines Financial Results for the year, and the final quarter of 2004; and U.S. Major Airlines yields and costs in both yearly and quarterly terms." @default.
- W654514449 created "2016-06-24" @default.
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- W654514449 date "2005-03-01" @default.
- W654514449 modified "2023-09-23" @default.
- W654514449 title "LEGACY OF LOSSES" @default.
- W654514449 hasPublicationYear "2005" @default.
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