9/11 Airline Industry

Decent Essays
The Events of 9 / 11 changed the airline industry for ever A. 9 / 11 resulted in an economic recession B. Many people lost their jobs, or were scared that they were going to loose their job, so there was less recreational air travel C. The recession also resulted in many companies making less money, so they cut back on corporate air travel D. As a result, there were a lot fewer air travelers, which meant the airlines sold fewer tickets, which hurt their revenues E. Airlines also saw a big increase in costs because of increased security costs. F. All of this lead to the airlines losing money.

II. Fighting for survival, the airlines needed to find a way to survive. A. As a way to cut costs, their was a wave of mergers B. Eight big

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