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Wednesday, September 25, 2002

The chief executive of American Airlines said Wednesday that a war in Iraq would be a devastating blow to the already-distressed industry, warning that more bankruptcies were likely without additional financial assistance from the federal government.

Don Carty, speaking at a breakfast with Wall Street analysts and reporters, said the potential dropoff in travel from a war in Iraq would be like an ``economic anvil dropped on the industry.''

``The whole industry in Chapter 11 isn't something the country would tolerate,'' said Carty, who had joined other airline executives in Washington a day earlier to lobby Congress for help.
-- from the
NY Times.
The article isn't particularly clear as to what Carty was suggesting with his comments.
I'd like to think that he is lobbying against war, but it seems more likely that he's lobbying for more handouts with war as an excuse.