Article: Air Transport Association Calls on Congress to End Rampant Oil Speculation

To: TRANSPORTATION EDITORS

Contact: Elizabeth Merida, +1-202-626-4205, or Victoria Day, +1- 202-626-4141, both of Air Transport Association of America

U.S. Airlines Face $7-13 Billion Loss for 2008 - on Par With Worst Financial Year Ever

WASHINGTON,June 17/PRNewswire-USNewswire/ -- The Air Transport Association of America (ATA), the industry trade organization for the leading U.S. airlines, today testified before the Senate Committee on Agriculture Nutrition and Forestry and Appropriations Subcommittee on Financial Services and General Government on the crisis facing the airline industry resulting from record-high jet fuel prices. ATA also called on Congress to act now to impose common- ...

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