Fred Business News - The U.S. military will open up airspace for commercial air travel during the Independence Day weekend to relieve congestion, the U.S. Department of Transportation said Wednesday.
The Department of Defense will free up airspace off the East Coast, from
"Today's announcement will help ensure that travelers don't have to celebrate Independence Day by being stuck on an airplane," said U.S. Transportation Secretary Mary E. Peters.
This is not the first time the military has opened up restricted space that it does not use during the holidays. The military also freed up airspace during Memorial Day, Thanksgiving and Christmas.
The airline industry's leading carriers - AMR Corp.'s American Airlines, Delta Air Lines, UAL Corp.'s United Airlines, Continental Airlines, Northwest Airlines and U.S.Airways - are cutting capacity and raising fares to alleviate the pain of rising fuel costs.
Source: Cnn.com
About Fred: Fred is president of The I Team Organization. With a back ground in agriculture Fred has lead many successful business ventures.
