Flying Low: Airlines' Bumpy Year: Price War Leads to Losses And an Antitrust Suit

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NEW YORK – It has taken the airline industry just a few short years to wipe out all the profits made in aviation since the Wright brothers took off. With losses of $10 billion in the past three years alone, U.S. airlines have racked up a $2.5-billion deficit since the days of Kitty Hawk. It just shows what price wars can do for a business.
That popular marketing ploy will be the death of U.S. airlines .


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