World’s Airlines Crashing At Worst Rate Since 2008
by Tyler Durden
ZeroHedge.com
Jul 22, 2016
With ‘terrorist’ incidents breaking out everywhere from San Bernardino to the south of France, it is perhaps no surprise that the world’s airlines are struggling. But, as Bloomberg notes, over-capacity, rising fuel costs (so far this year), and weaker demand have hurt profits and crushed airline stocks to their worst year since 2008…
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