Fewer than one in five Americans are planning to cut back on their Thanksgiving spending, but almost one-third are curbing their overall holiday travel this season. That's not going to devastate the airline world, since a lot of that travel would have happened by car anyway. And to be honest we kind of like the excuse: "sorry uncle and aunt so and so—we'd love to come over and have our annual fight about whether Obama's birth certificate is real, but we just can't afford the gas in this recession."
But the scaling back is still going to be enough to take a bite out of the industry:
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