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More Cuts Await Slumping Airlines

Delta, AA among carriers who can't cover costs

By Jason Farago,  Newser Staff

Posted Jun 12, 2009 9:09 AM CDT

(Newser) – As rising oil prices and sluggish demand continued to hammer the airline industry, Delta, American, and several other carriers forecast further cuts to service yesterday, reports the Wall Street Journal. Despite massive reductions in service, CEOs said at an industry meeting that they still aren't...   Read full story »

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