In a year in which beleaguered carriers hoped they would bounce back into prosperity, as they have so many times before, they are instead confronting the likelihood that the market has changed more fundamentally than at any time since the industry was deregulated in 1978. As a result, even the biggest companies may have to remake themselves radically, quickly and permanently, or face extinction.Jul 11, 2004

FULL STORY

PHOTO: NY TIMES

This photo has been viewed 1120 times.

TOP top

Comments will be moderated. Remarks containing abusive and obscene language, personal attacks of any kind or promotion will be removed and the user banned.