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Airlines face highly cyclical demand; American reported profitability in the strong expansion of 2006??2007 but massive losses in the severe recession of 2008??2009. Demand also

Airlines face highly cyclical demand; American reported profitability in the strong expansion of 2006â??2007 but massive losses in the severe recession of 2008â??2009. Demand also fluctuates day to da 2 answers

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