WorldTraveler
Corn Field
- Dec 5, 2003
- 21,709
- 10,662
- Banned
- #31
because Chapter 11 is nearly fatal disease for airlines. Many airline managements know that the short-term benefits that might be obtained are more than overshadowed by the difficulty in getting out of C11. How many investors do you see willing to provide exit financing to either UA or US? As bad as the business is, the solvent four legacy airlines don't have to design business plans that will show profits. All they have to do is show that they can pay their bills.