FlyerTalk Forums - View Single Post - Airline Consultant says "United to announce massive flight cuts and layoffs"
Old May 30, 2008 | 8:51 am
  #58  
UnitedA380
 
Join Date: May 2008
Posts: 71
Originally Posted by MileageAddict
The next round of bankruptcies for the airlines will not result in restructuring. Chapter 7 will be the only viable option as nobody in their right mind would offer financing.
Perhaps we can get the same banks that did the lending to the US housing market. These bankers were very smart, so perhaps a few might offer financing to UA. They could always package the loan send it around the world to other very smart bankers.
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