TEXT C The biggest danger facing
the global airline industry is not the effects of terrorism, war SARS and
economic downturn. It is that these blows, which have helped ground three
national flag carriers and force two American airlines into Chapter 11
bankruptcy, will divert attention from the inherent weaknesses of aviation,
which they have worsened. As in the crisis that attended the first Gulf war,
many airlines hope that traffic will soon bounce back, and a few catastrophic
years will be followed by fuller planes, happier passengers and a return to
profitability. Yet the industry’s problems are deeper--and older--than the
trauma of the past two years implies. As the centenary of the first powered
flight approaches in December, the industry it launched is still remarkably
primitive. The car industry, created not long after the Wright Brothers made
history, is now a global industry dominated by a dozen firms, at least half of
which make good profits. Yet commercial aviation Consists of 267 international
carriers and other 500-plus domestic ones. The world’s biggest carrier, American
Airlines, has barely 7% of the global market, whereas the world’s biggest
carmaker, General Motors, has (with its associated firms) about a quarter of the
world’s automobile market. Aviation has been incompletely
deregulated, and in only two markets: America and Europe. Everywhere else deals
between governments dictate who flies under what rules. These aim to preserve
state-owned national flag-carriers, run for prestige rather than profit. And
numerous restrictions on foreign ownership hinder cross-border airline
mergers. In America, the big network carriers face barriers to
exit, which have kept their route networks too large. Trade unions resisting job
cuts and Congressmen opposing route closures in their territory combine to block
change. In Europe, liberalization is limited by bilateral deals that prevent,
for instance, British Air, ways (BA) flying to America from Frankfurt or Paris,
or Lufthansa offering transatlantic flights from London’s Heathrow. To use the
car industry analogy, it is as if only Renaults were allowed to drive 0n French
motorways. In airlines, the optimists are those who think that
things are now so bad that the industry has no option but to evolve. Frederick
Reid, president of Delta Air Lines, said earlier this year that events since the
September 11th attacks are the equivalent of a meteor strike, changing the
climate, creating a sort of nuclear winter and leading to a "compressed
evolutionary cycle". So how, looking on the bright side, might the industry look
after five years of accelerated development According to the author, the deeper problems of aviation industry ______.
A.are the effects of various disasters B.are actually not fully recognized C.are attracting a lot of attention D.are not the real cause of airlines’ bankruptcy