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A study released Monday by the Aerospace Industries Association and Econsult Corporation estimates that budget cuts to FAA operations as a result of sequestration could cost up to 132,000 aviation jobs, cause an annual decrease of 37 to 73 million in passenger enplanements, see annual reductions of 1 to 2 billion pounds of transported air freight and would also have a devastating impact on the Next Generation Air Traffic Control System, delaying system implementation by a decade or more. US Bankruptcy Judge Sean Lane who is overseeing the AMR bankruptcy case,