A scant few U.S. carriers took home honors from this year's "Best of Business Travel" awards from Business Traveler magazine. The apparent malaise affecting U.S. airlines may go beyond the current economic downturn to something more fundamental.
Boeing's plan to relocate two major defense programs from California to Oklahoma could signal the start of a major shift in the locations of defense contractors, and how they work. For the areas attracting the companies, it's about jobs. For the contractors, it's about remaining competitive.
With air travel restrictions still crippling most of Europe, national governments and businesses are starting to bridle under the unprecedented shut-downs. Losses are now reaching more than $200 million a day. A U.K. pilots group says: "A number of airlines are now staring bankruptcy in the face."