Last year, ExxonMobil earned $36 billion, the largest profit in US corporate history and, one reasonably may assume, the world. Other oil companies, US and non-US, did nearly as well, benefiting, ironically, from the very storms that caused so much damage to their refining capacity. Perhaps if Hurricanes Katrina and Rita somehow had swamped 500 transports on the tarmac, rendering them unflyable for several months, the concomitant reduction in airline capacity would have led to record airline ...

Subscribe to Access this Entire Article

"Printer-friendly" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.