United asks Boeing, Airbus to bid for 150 planes

[fam62c]

I don't know about this. We're talking about a company that's been through one Chapter 11 reorganization and is still on shaky ground financially, I'm not sure I would want to be the one providing financing for UAL. Then again, I guess that Boeing and Airbus don't have a whole lot of choice; they make airliners and they have to sell them to somebody. There's just not that many examples of airlines out there today that would be considered good credit risks. There never seems to be an end to people willing to dump capital into this dead-end industry so I'm sure UAL will get their planes one way or another assuming they are actually still in business to acccept the deliveries. If fuel keeps going up there are going to be some airlines in worse trouble than they already are. Unfortunately the bad news just never ends for this industry.

 

[contrail67]

I don't know about this. We're talking about a company that's been through one Chapter 11 reorganization and is still on shaky ground financially, I'm not sure I would want to be the one providing financing for UAL. Then again, I guess that Boeing and Airbus don't have a whole lot of choice; they make airliners and they have to sell them to somebody. There's just not that many examples of airlines out there today that would be considered good credit risks. There never seems to be an end to people willing to dump capital into this dead-end industry so I'm sure UAL will get their planes one way or another assuming they are actually still in business to acccept the deliveries. If fuel keeps going up there are going to be some airlines in worse trouble than they already are. Unfortunately the bad news just never ends for this industry.

I think that them asking Boeing and Airbus for prices is a good indicator they are planning on being here....and remember, just like the end of your quote...the darkest hour is just before dawn.