Blunk, Scott; Clark, David; McGibany, James - In: Applied Economics 38 (2006) 4, pp. 363-370
Although the US airline industry began 2001 with 24 consecutive profitable quarters, including net profits in 2000 totaling $7.9 billion, the impact of the 9/11 event on the industry was substantial. Whereas the recession that began in early 2001 signaled the end of profitability, the 9/11...
