Saturday, March 28, 2009
Local Arizona Business Boom From Economic Slump
One industry's loss is another's gain for local phoenix businesses. More and more jets are not leaving the runway since the 9/11 terrorist attacks. According to this article, some of them may stay parked and not fly again. This has resulted in more business for aircraft-storage centers. "Airlines began parking more planes after fuel prices climbed. Then the recession hit and passenger demand fell, propelling more planes into storage even though fuel prices had come down." Arizona's dry weather and other conditions happen to make it good place for storage. So it turns out that those Arizona workers whose jobs are tied to aircraft storage and maintenance can feel a little bit better about job security.