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Recovery in The Air for some.

Publication: Business Travel News
Publication Date: 18-JUL-05 		Format: Online - approximately 729 words
Delivery: Immediate Online Access

Article Excerpt
Despite the crippling cost of oil, the U.S. airline industry finally is showing signs of life as strong demand keeps planes relatively full and recent airfare hikes push revenue in a positive direction. Certain carriers--in addition to routinely profitable Southwest, AirTran and JetBlue--actually may report net gains for the second quarter when they divulge financial performance this week.

The situation is less rosy for carriers that face liquidity, labor and bankruptcy-related challenges (see stow, page 4). Nevertheless, some recent indicators suggest the industry at large is pulling out of a years-long tailspin. Revenue trends are firming after years of decline. The Air Transport Association said the industry's domestic...

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