The Day the Music Died: Buddy Holly, Ritchie Valens, and J. P. "The Big Bopper" Richardson are killed in a plane crash. Also, a US Marines jet slices down a cable car in Italy, Lufthansa launches the first regular transatlantic...
Skyrocketing fuel costs will likely lead to several airline mergers this year. Unfortunately for fliers and shareholders, the history of airline mergers contains few positive notes.