Malaysia Airlines Bailout?

[Flopgut]

http://www.theguardian.com/world/20...nes-survive-mh17-disaster-mh370-disappearance

"It is a tragedy with no comparison. In the history of aviation, no airline has gone through two tragedies of this magnitude in a span of four months," said Mohsin Aziz, an aviation analyst at Maybank.

Seriously?!

"If the public is willing to keep them separate and say they really have little to do with each other, and any common link is not Malaysia Airlines, you can probably survive with the brand relatively intact," he said.

But that is a big if. Five years after Trans World Airlines flight 800 crashed into the ocean near New York in 1996 with the loss of 230 lives, the carrier filed for bankruptcy and was acquired by American Airlines. For an already troubled company, the disaster was the straw that broke the camel's back, said Dekker.

So things that happen to US legacies are simply our tuff luck? We deal with it. Which includes competing with indigenous LCC and world airlines that are SOE [state owned entities] and are bailed out wholly.

This crap is really getting old.

 

[Dan Roman]

How many times did Continental go chapter 11?......

 

[waveflyer]

Exactly Dan
Typical flop

 

[SennaP1]

Seriously? Why do you care?

 

[Flopgut]

It's an awful tragedy to be be sure (losing two airplanes like this) but sadly it is not "unprecedented" like the article claims. (You guys did read the article? Or are you just mouthing off because it's me?) The $ safety net that is being discussed for Malaysia Airlines is either privatization or outright bailout. Ok, fine, but that's sure as hell not what was done in this Country for either American or United after 911. If the ATSB had said yes to UAL they might have not gone BK; A post-tragedy BK is not a bailout, it's not even govt help. It's the opposite. (A lorenzo bk is a different thing entirely dan)

I'm posting this because I hope some of you might observe how quickly after this 2nd Malaysia Airlines tragedy, media is already talking of the company's $ health being rescued. Some are also saying *don't* rescue Malaysia, pointing at the fact they have a new airline (the article compares it to Southwest Wave) that some Malay's seem to prefer would prevail.

So we shall wait and see. I hope Malaysia Airlines gets some sort of $ accommodation. And I hope UAL stays around long enough to someday tell Uncle Sam: thanks for nothing!

*You guys don't have a problem with the statement from the banker I quoted at the top of the first post?! That claim doesn't bother any of you?!

 

[redflyer65]

Rumor is Southwest is looking to help with financing just to piss Flop off. More to follow.

 

[Flopgut]

That would be great Red. You could then get Malaysia to help you write an etops program.

 

[redflyer65]

That would be great Red. You could then get Malaysia to help you write an etops program.

We could, be in the end we won't need to. You know the US government just hands us anything we want, right?

 

[BILL LUMBERG]

That would be great Red. You could then get Malaysia to help you write an etops program.

Now THAT ^^^^^^^^^^^^^^^^^^^^is funny... I don't care who you are

 

[BILL LUMBERG]

We could, be in the end we won't need to. You know the US government just hands us anything we want, right?

Two words....

Pizza Party:beer: