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10 Years Later: How the Travel Industry Came Back From The Financial Crisis

By Seth Borko, Skift Research


In the depths of the recession, the U.S. airline industry lost a collective $24 billion, margin of negative 13 percent. VisualHunt

Skift Take: The 10-year anniversary of the Lehman Brothers bankruptcy reminds us that travel was ravaged along with other industries in the ensuing global recession. How the industry coped and rebounded is instructive for the next downturn.

— Seth Borko

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