Airlines Recover, But Turbulence Persists

Law360, New York (March 28, 2007, 12:00 AM EDT) -- With Delta Airlines Inc. set to emerge from bankruptcy next month and Northwest Airlines Corp. winning approval for its Chapter 11 plan this week, the airline industry seems to have fought its way back to life. But experts warn that despite the restructurings, the industry may still face a bumpy ride ahead.

Hit by a triple threat of rising gas prices, a saturated market and the September 11 terrorist attacks, the major airlines in the United States experienced a huge shakeout that resulted in four carriers...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.