Originally Posted by
zoomiezombie
I have heard people talk that were doing contract negotiations at DAL & UAL at that time. They say things started towards a recession the summer before 9/11. They say that's why they settled for the deals they got.
The attacks reportedly made it a faster and more severe decline, but the net result might have been pretty similar. We'll never know.
I was hearing talk of recession and UA cash bleeding PRIOR to 9/11.