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Thread: Larry Kellner: “the business cycle is continuing to decline.”
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Old Mar 23, 2009 | 10:09 am
  #56  
theblakefish
 
Join Date: Feb 2005
Location: PEK
Programs: Alas, the Gravy Train Hath Ended...just happy to be an OW Sapphire and a ST Ivory...whatever
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Originally Posted by Beckles
That is an awfully short historical view, CO has been bankrupt as many times in the past 30 years as UA and DL combined.
You think so? Because that is not the way that I see things. CO is at a distinct disadvantage when it comes to labor over the past couple of years due tot he fact that they couldn't force the unions into a corner with their bankruptcy proceedings. Yes, CO has been bust a few times before, but that was quite some time ago, and things are so different now that those concessions don't really influence the way that they do business these days, imho.
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