Four airliners are hijacked and intentionally crashed into the World Trade Center, the Pentagon, and a field in Pennsylvania in 2001, killing 2,993; A Continental EMB120 crashes at IAH in 1991; Eastern flight 212 crashes in CLT...
Ah what a year it has been, its been year of ups, downs, roundabouts, flip flops, and OIL! We began the year with the final departure of Independence Air, the little airline that couldn't, or should we say couldn't make a profit.
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.