Some Airlines May Be Headed Into Sunset: Experts

Law360, New York (July 24, 2009, 6:59 PM EDT) -- The worldwide recession has already claimed two of the Big Three automakers, a host of retail outlets and casual dining chains, and millions of jobs. So although people may feel the need for a vacation, they may also not feel any great desire to drop hundreds, sometimes thousands, of dollars on airline tickets.

With airlines forced to slash ticket prices just to fill the seats, many industry observers have begun to discuss potential changes to the industry, either through bankruptcy or consolidation. Either way, they say...
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