Mises Daily
Author:
D.W. MacKenzie
Online Publish Date:
The September 11 th attacks hit no industry more directly than they did the airline industry. In 2001, this industry lost 8 billion dollars. It lost 9 billion in 2002, two thirds of which supposedly derived from 9–11. The Federal government has delivered 5 billion dollars in cash and 10 billion in loan guarantees to airlines affected by 9–11. This