Avitas Senior VP Adam Pilarski projected that the airline industry's return to profitability in 2006, excluding the results of bankrupt US carriers, will continue for two to three years barring unforeseen events. Speaking yesterday at ATW's Winning Airline Strategies conference in Washington, he rejected the notion that consolidation is necessary. "Did United go into Chapter 11 because it was too small?" he asked. "What we really need is restructuring instead of consolidation. . .I don't see ...

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