Originally Posted by
OPFlyer
I think CO is doing just fine compared to other legacy carriers. Take a look at how much CO lost in the 2Q and compare that number to any of the other legacies. CO you should not follow suit and destroy a good airline.
2Q Losses
The DL and NW losses are the result of impairments of goodwill. This was a non-cash accounting charge necessitated by the drop in their stock price after exiting from bankruptcy. Both would have otherwise posted profits.
So no, CO is not doing "just fine" compared to their competitors. And even were they doing as well as you think, they still lost money. I would hope that they would be aggressive in trying to rectify that.