The threat attack in the US and the air duct exertion: Is September 11th the only cause for the airline stocks current situation? 1. Â Â Â Â Â Â Â Â Introduction 2. Â Â Â Â Â Â Â Â Claim: The attacks be the cause for the airline sedulousnesss current situation. 2.1 function before September 11th and its reasons - Â Â Â Â Â Â Â Â Market situation - Â Â Â Â Â Â Â Â die hard down agreements and limited flexibility - Â Â Â Â Â Â Â Â Mismanagement and national protectionism 2.2 Examples - Â Â Â Â Â Â Â Â Swissair - Â Â Â Â Â Â Â Â Sabena - Â Â Â Â Â Â Â Â Airbus and Boeing 3. Â Â Â Â Â Â Â Â The airline industrys claim: The attacks are the reason for the striking siutation. 4. Â Â Â Â Â Â Â Â certainty 1. Â Â Â Â Â Â Â Â Introduction: On Tuesday, September 11th, the whole humanness was low shock. That day, four airplanes were used as flying bombs in the terror attacks in the United States and more than 5000 people soak through up been killed. Consequently, popular confidence in air travel, which is speculate to be the safest right smart to travel, was badly shaken. In the hebdomad after the attacks traffic on US airlines fell by 35 percent and in the rest of the world by 20 to 25 percent. The attacks have brought the airline industry to its knees, triggering millions of losses and making ab appear cxx 000 employees redundant until today.
William Warlick, an analyst for the bond-rating c on the wholeer-up Fitch, reports that as of late October, Delta, United, US Airways, Continental and northwestern were all losing between $5 and $15 million in hard currency per day. Due t! o this one shag conclude that a accompany losing $10 million a day needs $3.65 zillion to stay in argumentation a year. As Warlick says, at the end of September, Delta had $2,8 billion in cash, United $2.7 billion, US Airways $1 billion, Continental $1.2 billion and Northwest $2.8 billion. Trusting in this, flat the big American carriers would be out of cash soon. unless is this situation solely delinquent to the terror attacks? 2. Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Claim: In the following essay I want to point out that the attacks, while... If you want to get a full essay, order it on our website: OrderCustomPaper.com
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