ABSTRACT

Financial Management: Assessment of the Airline Industry's Estimated Losses Arising From the Events of September 11   [open pdf - 182KB]

The airline industry's losses from the terrorist attacks will total at least $5 billion through December 2001. Even so, carrier-by-carrier losses are likely to vary significantly from the formula-derived allocations of $5 billion. Therefore, some carriers may experience losses higher than their individual formula amount, while others' losses may be lower.

Report Number:
GAO-02-133R
Publisher:
Date:
2001-10-05
Copyright:
Public Domain
Retrieved From:
Government Accountability Office (GAO): http://www.gao.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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