Detailed text transcripts for TV channel - CNN - 20100322:17:47:00
Went out of business. quite a few u.s. carriers simply disappeared. that has not happened in europe. they've either been bailed out. they've either kept flying. they've either run up huge losses. and now it's time to pay the price. >> right. >> reporter: and of course, that is simply not being allowed to take place. >> because it's happened here already, we're not likely to see a contagion effect catching on in the united states, do you agree with that? >> reporter: look, i think if you talk to anybody in the u.s. airlines where they lost their pensions, already taken a pay freeze, may have go...
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