Are airlines headed for bankruptcy again?

[suupah]

http://seekingalpha.com/article/146956-are-airlines-going-bankrupt-again?source=yahoo

 

[jmreii]

http://seekingalpha.com/article/146956-are-airlines-going-bankrupt-again?source=yahoo

The economy will recover soon for the country but it will take longer for the consumer unless jobs reappear like johnny on the spot. In past economic recoveries, jobs are the last thing that comes back and that along can take years. Thats a bad thing if you are dependent on the consumer for your livelihood such as the air travel industry.

 

[CopilotDoug]

United looks they're up against the ropes. How's the going to affect CJC if UAL goes bankrupt?

 

[Speedtape]

I doubt the government will allow any large carrier, which has major impact on the economy, to fail--especially with the present state of the economy and the long distance recovery.

 

[Speedtape]

Actually, had the government stayed out of the way in the post 9/11 meltdown, a few of the carriers who had strong balance sheets would not have gone into bankruptcy. One particular airline that has a presence in ATL is the best example! Their liquidity was siphoned down the drain due to government protection of at least one airline that should have failed--and maybe will yet.

 

[CFI2766]

I doubt the government will allow any large carrier, which has major impact on the economy, to fail--especially with the present state of the economy and the long distance recovery.

I believe that the only airline that would get any government help would be United, for obvious reasons. Ironic, in that United seems to be the one most commonly spoken of to need government help.

Otherwise, I believe that there is quite a bit of bailout 'fatigue' in the general electorate.

 

[WalterSobchak]

I believe that the only airline that would get any government help would be United, for obvious reasons.

I kinda get the same feeling. I think UAL is safe at least through 2012. Maybe they can get rid of Tilton, et al. in that time.

 

[CX880]

I think the only airline that will actually file bankruptcy will be Mesa. Looking at their finances I don't think they'll come out of it unless they make big changes. Plus more importantly the market needs a regional or two to go away, there's too much capacity.

 

[Browntothebone]

I think the only airline that will actually file bankruptcy will be Mesa. Looking at their finances I don't think they'll come out of it unless they make big changes. Plus more importantly the market needs a regional or two to go away, there's too much capacity.

With RAH transforming itself from a regional to a major, their will be one less regional to overcapacitize the market.

 

[CopilotDoug]

I doubt the government will allow any large carrier, which has major impact on the economy, to fail--especially with the present state of the economy and the long distance recovery.

Fail? No. Get bought out...why not?

Although, with the current administration, everyone knows where to go for 'free' handouts.

 

[ifly4u]

Thanks brown, you just reminded me that I had intended to put you on my ignore list.

 

[Tarzan]

Thanks brown, you just reminded me that I had intended to put you on my ignore list.

Browntothebone This message is hidden because Browntothebone is on your ignore list.

Feels good doesn't it?