time builder
Well-known member
- Joined
- Apr 20, 2005
- Posts
- 648
If they're going to cut airline financing, they should cut it from startup airlines (like JetBlue and Skybus) who come in with a business model of undercutting everyone else.You forgot to add that airlines may need financing to keep their operations a float. that maybe a tall order if you are already leveraged to the eyeballs, assets that are old or useless on anybody's market. I wonder which bank would like to step up and admit they are extending credit, pardon me, flushing someone's money down the toilet. That bozo at GE maybe walking the plank sooner than you think!