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How the financial crisis impacts aviation

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I had planned on putting together a chart like this, but CNN beat me to it. It really captures what happened this week. One thing missing here, and it's a small spin off, is the business and first class load factors from New York to global business hubs. I spoke with one analyst who said that those cabins are usually 20% Wall Street on any given flight to places like London and Tokyo. Business travel is the backbone for decent yields on international flights, the airlines could take a further hit even beyond the accessibility of aircraft if these people aren't flying.

But hey, look at the bright side, oil is only at $100 a barrel!

quest.aig.lehman.ilfc.jpg

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