Originally Posted by samsonyuen
Does anyone think NW might soon be going into bankruptcy protection? If so, what would that mean to the alliance and its members? Maybe CO and other airlines could buy into NW?
Interestingly, the same people who purchased controlling shares in NWA own 4% of CO and a smaller % of KLM.
I do not see NWA going the bankrupt route until next year - if at all. They have money on hand (more then CO and DL combined). They more likely will be grounded by a strike. Many employees no longer care about the airline - and why should they?