Air Transport World

You gotta believe.(EDITORIAL)

Anyone who spends much time in or around the airline industry is familiar with the concept of faith. In the early days of air travel it was as fundamental as believing that the runway would be there when you broke out of the clouds and that the propellers would keep spinning until the tires touched the ground. Faith continues to play a significant role in guiding our industry, although thankfully the subjects almost never involve a wing and a prayer anymore.

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Consider that all the economic modeling and manufacturer forecasts in the world cannot guarantee that an airplane ordered today for delivery in 2011 or beyond will not arrive into an industry mired in a downturn. …

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