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Anyone here remember the 2006 Transatlantic UK bomb plot?

http://en.wikipedia.org/wiki/2006_transatlantic_aircraft_plot

Well lets say the plot never gets found out and foiled by the police and the plan goes ahead like it was supposed to.
Carry liquid explosives on to 10 airliners and set them off while I'm assuming to get maximum casualties , over populated land either in the UK or the US.

What would be the reaction to this?
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