Originally Posted by ContinentalFan
Right now CAL seems to be in the strongest position of the national network carriers.
Well, AMR and UAL both have upwards of $5.5 Billion in the bank, nearly double of what CO has. Both have valuble assets; Heathrow, Tokyo (UA), etc. that CO also does not have.
Regardless, the only entity that is going to be purchasing another airline is the banks who will loan the money to the purchaser
