The commercial airline business is going through another round of bankruptcies, route shakeouts and confrontations with unions.

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" Innovation and Industry Shakeouts", by Steven Klepper and Kenneth L. Simons.

ECONOMIST: Acknowledgements

The first wave of job shakeouts may well have affected Taunton or Exeter more than Truro, but as the recession widens out Cornwall's turn will almost certainly come.

BBC: Recession's impact in south west

Young industries are typically characterized by shakeouts where numerous ventures enter with hopes of capturing an attractive market opportunity only to face heightened competition and a culling process where only the most viable technologies and business models survive.

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