I did my research...All the airlines, with LUV being the notable exception, are leveraged to the hilt, and United with eroded profit margins and a top heavy cost structure is realistically on life support at this time. Their fleet is aged, and with some serious large maturing debt, it would be a good time to start shorting their stock, IMHO. They are the equivalent on the Brontosaurus thrashing on the edge of the LaBrea tar pit, and barring a dramatic turnaround in the world economy I don't see how their fortunes can change.
Don't shoot me, I'm just the messenger...Best o luck
http://www.routesonline.com/news/24...s-structure-unsustainable-in-current-economy/