Risk of airlines' default climbs

[American Air Surf]

http://seattletimes.nwsource.com/html/busi...linedebt23.html

 

[Mr.Robot-tow]

Ditto,and to add to that see Standard&Poor's conference call downgrading and posting credit-watch for AA,UAL,CO,DL,NWA and few other's.

 

[local 12 proud]

"We now expect AMR to have trouble avoiding bankruptcy by sometime in 2009," Higgins wrote in a note to clients. "UAL is too close to that possibility for our comfort," and Continental is "close to our comfort threshold."

Like the writings not on the wall... <_<