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June 30, 2008

Headlines of the Day

Filed under: Airlines, Airfare Increases — Rick Seaney @ 9:00 am

Had to chuckle when I saw this story from TV station KETK in Texas, titled (with admirable understatement, I thought), “Airline travel becoming expensive”.

Yes, it sure is.

Then, the Dallas Morning News had a report called “Airlines have lost much of their market value” but this story dug deep, and included such nuggets as the 10 largest airlines have lost more than $23 billion in value, and that while Southwest dropped 12% in market value, the other 9 carriers dropped 73%.

Unfortunately, nothing to chuckle about in this story.

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