Originally Posted by
gmt4
I refuse to believe that most domestic airlines are in that dire of a situation after several weeks of reduced demand. Especially since some (UA, DL) just came off blowout quarters.
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AA's debt load makes it the most threatened of the US3. DL's deep pockets and better margins make it the most secure. UA is somewhere in the middle.
I expect things will pick up in Q3. After 9/11 it took about three months to get people back to the airports.