Are we heading for a recession? Are there extreme times ahead for the economy and in particular the aviation industry? Or, based on what we are seeing from the mainstream and other sources things are about to work themselves out just fine? — In this newsletter series, we have discussed in great length the matter of recession and the coming economic challenges for the economy, and how this will affect the aviation industry. As we’ve said before, the aviation industry is fragile and responds severely to any economic shock. Therefore, we do our…