When the Islamic jihadists struck on 9-11, it was clear that one of their main aims was to destroy the economic success that characterized American exceptionalism.  To that end, the airline industry was very adversely affected.   Thus: ... directly after the terrorist attacks on 9/11, the federal government closed airports, canceling thousands of flights at a direct cost to airlines. However, even when the airports reopened, passengers were wary of air travel, and airlines experienced at least a 30 percent reduction in demand during the initial shock period immediately following the reopening. In addition, business travel accounts for one of the most profitable segments in the airline business, and after the attacks, a significant number of businesses temporarily suspended non-essential travel for their employees.  Now fast-forward to 2014, and once again the airline industry will be financially damaged, thanks directly to Obama's executive orders...(Read Full Article)