WHILE FEW FORESAW THE LATEST economic shock to shake commercial aviation "sustained per-barrel crude oil prices well over $130" one of the consequences of the "fuel crisis" has been all too predictable: US airlines, particularly the big legacy carriers, are taking the hardest hit. The largest and most profitable airlines in Europe, Asia and other parts of the world generally navigate through crises with their bottom lines and service levels intact even if earnings become temporarily modest, ...

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