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SRB says it, but which US airlines may not survive

PostPosted: 03 Jun 2009, 01:35
by platinumleo
I see SRB has made his claim again, heard it on a bbc news interview

http://www.usatoday.com/travel/flights/ ... htm?csp=34

but the real question do you think it will be one of the big carriers and will the US government not learn from the mistakes and bail them out too?[:?]

Any thoughts?

Alex

PostPosted: 03 Jun 2009, 09:30
by woggledog
Perhaps if the US Govt allowed foreign ownership of native airlines, it wouldn't have gotten into this mess.

PostPosted: 03 Jun 2009, 10:06
by Scrooge
SRB is talking out of is a** again, no large US carrier is going to fail and the more he runs around spouting this prediction the more out of touch with reality he looks.

The simple fact is that the US bk laws have given the airlines an almost unlimited life span.

Does a major need to fail, sure, will one, nope.

PostPosted: 03 Jun 2009, 10:34
by willd
Scrooge has hit the nail on the head, the bankruptcy laws protect US airlines fully.

Plus also got to remember there is a hell of a lot of merging going on amongst the US Majors (or talk of it). Once mergers take place the carriers become more streamlined and operate better meaning that they are less likely to file for chapter 11.

And I certainly dont see B6 going under (not that they are a legacy) LH would not allow it for one.

PostPosted: 03 Jun 2009, 16:27
by MarkedMan
Agree - headline-catching nonsense. Airlines will disappear through mergers (already have in fact). He should be worrying about his own product. It's showing signs of the worse legacy airline behavior itself.