The Air Transport Association released a 36-page report yesterday outlining the economic risks a U.S. war with Iraq would place on the already beleaguered airline industry—and on the rest of the economy. Calling it a "perfect economic storm," the airline crisis has reached a point where "the prospect of a forced nationalization of the industry is not unrealistic," says the report. "The economic risks go far beyond the airline industry," said ATA President and CEO James C. May in a press ...

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