How 9/11 Changed The Aviation Industry

How 9/11 Changed The Aviation Industry

Today’s air travel experience is virtually unrecognizable compared to 2001.

"

On September 11, 2001, 19 hijackers took control of four Boeing airplanes, two operated by American Airlines and two by United, and used them to carry out acts of terrorism that took the lives of nearly 3,000 people.

"

Two of the jetliners crashed into the World Trade Center towers in New York City. Another crashed into the Pentagon, and the fourth aircraft crashed in a field near Shanksville, Pennsylvania.

"

The September 11 attacks had profound economic impacts, especially on the aviation industry.

"

Unprecedented financial turmoil The commercial aviation industry in the United States had weathered economic downturns and predictable dips in revenue associated with the seasonal nature of leisure

"

According to the International Air Transport Association, United States passenger airlines experienced a net loss of $8.0 billion in 2001, and revenues did not exceed 2000 figures until 2004.

"

Unfortunately, the industry’s rebound was short-lived. The 2008 onset of the Great Recession in the United States dealt another blow to commercial aviation.

"

For more information click on link below

"