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Airline Industry / Financial Troubles #910421

NBC Evening News for Thursday, Jul 10, 2008
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(Studio: Brian Williams) Report introduced.

(Washington: Tom Costello) Continuing financial troubles for the airlines due to oil prices featured; e-mail message asking passengers to pressure Congress to crack down on market manipulation quoted; details given about the removal of in-flight entertainment systems from US Airways flights to reduce weight, layoffs for several carriers and bankruptcies. [US Airways president Scott KIRBY†- says it’s a matter of life and death for the industry.] [Air Transport Assn. Jim MAY†- worries about more layoffs.] [Senator Byron DORGAN†- calls oil speculation a carnival of greed.] [CNBC’s Erin BURNETT†- predicts there would be opposition to Congressional intervention.]

(Studio: Brian Williams) Upcoming story previewed.

Reporter(s):
Williams, Brian;
Costello, Tom
Duration:
00:03:30

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