<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by RobertS975:
One adverse effct of banckruptcy is the potential for the airline to have to sell off some of its more desireable parts like Pan Am did just to survive the next few months or years, like Pacific division or LHR slots. It CAN happen!</font>
Selling profitable assets makes no sense. USAirways hasn't sold off their shuttle, have they? So why would UAL sell off those routes?
A bankruptcy filing will likely result in a lot of folks with leases and bonds getting a lot less money than they anticipated. But I don't think smart management would sell off routes that are profitable.
Also, I still maintain that you will have a hell of a lot more options in Denver on even a UAL that's operating under chapter 11 than you will on an AMR that's cutting routes.
[This message has been edited by mdtony (edited 12-05-2002).]