RT Journal Article SR Electronic T1 Surviving Heavy Turbulence in Post-9/11 Skies JF Turnaround Management FD Institutional Investor Journals SP 114 OP 121 VO 2003 IS 1 A1 Christopher W. Besant A1 Joseph J. Bellissimo YR 2003 UL http://guides.pm-research.com/content/2003/1/114.abstract AB Over the past year and a half, the aviation industry has faced one of its most challenging times. With the industry reeling after the shock of 9/11, layered on top of the tech meltdown and the accompanying cut in business travel budgets, over-leverage, overcapacity, and too many entrants into a crowded market, many thought that the domestic industry would be in tatters one year later. While the road has been rough and there has been some carnage along the way, the most dire predictions have not materialized. This article looks at the ongoing turnaround process in the aviation industry and the process of navigating the industry through the most turbulent of times.