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A Closer Look (Going Under?) #772162

ABC Evening News for Thursday, Nov 25, 2004
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(Studio: Bob Woodruff) A closer look at the troubled airlines industry introduced; details given about United Airlines' finances.

(New York: Betsy Stark) The question of whether the government's multi-billion dollar bailout of the airlines started after the September 11 attacks should continue examined; statistics cited on airline losses; details given about low-cost competition for the major airlines, who are trying to squeeze concessions from the workers. [Business Travel Coalition Kevin MITCHELL - says the government should not delay the day of reckoning.] [Caylon Securities airline analyst Ray NEIDL†- says we have too many airlines, too many hubs.]

Reporter(s):
Woodruff, Bob;
Stark, Betsy
Duration:
00:02:50

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