You really don't think Delta is less vulnerable now that they have gone through BK court and slashed wages, dramatically cleaned up their balance sheet and merged with NWA? You really don't think UAL/CAL merged and reorganized are not stronger? I'm not debating who is better or worse, you are bringing that up, I'm just saying they are not as vulnerable as they were in the past.
You really think UAL of today is just as bloated and inefficient as it was in the 90's???
You really think UAL of today is just as bloated and inefficient as it was in the 90's???