The Decimated Aviation Industry And Airport Planning

LAX chief Lydia Kennard discusses the impact of recent economic woes in the aviation industry on airport planning and the recent performance of LAX.
June 10, 2003, 10am PDT | Abhijeet Chavan | @legalaidtech
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Although the proposed reconfiguration of LAX may be the most politicized topic of discussion regarding the airport, LAX is weathering a storm that has decimated the aviation industry. One analysis suggests that the airline industry has lost as much money in the past 18 months as it had earned in its history. Through deft management and a well diversified business plan, LAX not only is surviving, but it recently had its bond ratings raised by Standard & Poor's and Moody's. MIR is pleased to present this interview with Lydia Kennard, Executive Director of Los Angeles World Airports, in which she discusses how LAX has fared since 9/11 and how the changing economics in the industry will impact LAX.

Thanks to Larry Segal

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Published on Monday, June 9, 2003 in The Metro Investment Report
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