A way to play the global economy decline is by shorting the airline industry. Here we turn to underground investor Martin Denholm, writing in today’s Smart Profits Report. The problem with the airline industry is that in business terms, it can be “lose-lose,” no matter what the economy is doing…

American Airlines (AMR:NYSE) canceled an additional 933 flights today to catch up on inspections and to repair questionable electrical wiring in hundreds of jets. This marks the third day of mass groundings.