A ‘dramatic’ business travel recovery for airlines

Posted June 15, 2010 at 11:20 a.m.

From Bloomberg | Continental Airlines Inc. CEO Jeff Smisek told investors that business travel “clearly is returning,” and Delta Air Lines and American Airlines, the largest U.S. carriers, forecast second-quarter gains of at least 17 percent on a benchmark for industry revenue, as rising demand buoys fares. “The industry appears to be turning a corner,” US Airways Group Inc. President Scott Kirby said.


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