Please check the Link provided.........Finally someone int he business world thinks UAL will come out of bankruptcy. http://yahoo.businessweek.com/investor/con..._5539_pi041.htm
Legacy carriers need to reexamine their operational strategies. Some of the major airlines hope to compete more effectively by launching "low-cost" airline subsidiaries, including Delta's (DAL ) new Song unit. S&P remains skeptical about the effectiveness of launching low-fare subsidiaries without attacking some of the core problems at the major airlines, such as high salaries, unprofitable routes, and large fixed costs of maintaining hubs.
You must be a paid spin-doctor! Nowhere in that article does it state UA will emerge from BK. Just speculation on 'maybe' a turnaround for the airline industry by 2005 (ya think UA's creditors will remain at bay that long??) and the article even says UA's liquidation would be a good thing for the industry.Jetlaagd said:Please check the Link provided.........Finally someone int he business world thinks UAL will come out of bankruptcy. http://yahoo.businessweek.com/investor/con..._5539_pi041.htm
Perhaps you aren't reading the same article!whatkindoffreshhell said:You must be a paid spin-doctor! Nowhere in that article does it state UA will emerge from BK.
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Jetlaagd: are we reading the same article?
If UAL fails to emerge from bankruptcy and is forced to liquidate, S&P believes that enough capacity would likely come out of the market to allow the remaining carriers to raise airfares significantly and operate much more profitably. However, S&P thinks it's likely that UAL will emerge from bankruptcy, possibly much healthier and more competitive.
Whatkindoffshell,You are right,as an employee of UAL,I am grasping for any kind of nice media attention I can get.The reason The reason I started this link was to provide a breath of fresh air for other UAL employees.That was the whole reason I started the topic.whatkindoffreshhell said:I stand by my original post.
A once-mighty airline grasping for the questionable value of a few gray words.
Cosmo & Novaqt: please get some fresh air.