Not all believe that the overall loss will be so bad. Some believe that it would be a surprise to see another 10% drop in traffic given the current situation and slow economy. Some see it as being beneficial for the airlines as long as it remains a short and successful war. Oil prices, currently 34% higher than last fall, would be reduced and more people would be more likely to travel. However, if the war is long or if there is a maj

In conclusion, it is evident that no matter what happens in Iraq that the airlines will be affected. The whole industry is going through such a time of turmoil that it is almost impossible to predict what will happen. Questions are arising on whether the industry should be re-regulated or left alone with just a little government support. Also, security issues are facing airports with major challenges such as renovations to accommodate new measures of security. Unfortunately, it only takes the actions of few to affect each and every one of us and an industry on which this nation is dependent on. But this nation has overcome obstacles in the past and will not let this one keep it down.

To meet the steep staffing increase required by the JSF contract, Lockheed Martin hired more than 3,500 new technical people. To ensure a proper balance of experience and salary loading, the company has recruited at colleges and work fairs in regions hard hit by aerospace downsizing.

Terrorism insurance is one of the largest costs facing European air carriers. Insurance costs for International Air Transport Assn. (IATA)-member carriers have increased dramatically since Sept. 11, 2001. IATA economists predict better times in the near future for European carriers. European carriers are recovering faster than post-Sept. 11th U.S. Carriers.

After Sept. 11th and due to the war with Iraq, many commercial aerospace jobs are disappearing; however, jobs in the defense sector are becoming more available. Both the Joint Strike Fighter (JSF) and new requirements in homeland security are opening up

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