Any airlines in immediate trouble??
Sep 6, 2003 | 12:46 pm
#1
Original Poster
Join Date: Sep 2003
Location: Ontario, Canada
Programs: AP, SPG, DL
Posts: 245
Any airlines in immediate trouble??
Just wondering about how the major airlines are doing?
I know a lot of them filed for bankrupcy protection but haven't heard anything lately.
I want to book a flight around Christmas, and don't want to find out my airline went out of business! Does anyone know if any one is in "serious" trouble? At this point I seem to have a choice of American, Delta and United all around the same price. Thanks
I know a lot of them filed for bankrupcy protection but haven't heard anything lately.
I want to book a flight around Christmas, and don't want to find out my airline went out of business! Does anyone know if any one is in "serious" trouble? At this point I seem to have a choice of American, Delta and United all around the same price. Thanks
Sep 6, 2003 | 6:19 pm
#2
Join Date: Mar 2003
Location: BUR
Programs: AAdvantage, Delta SkyMiles
Posts: 650
Well...
United is in Chapter 11 bankruptcy and are forecasting they'll come out of it 2004, second quarter (they were originally thinking this year's fourth quarter). American almost filed but didn't and recently some stock trading firm repeated their "buy" rating for AMR Corp. AFAIK, Delta hasn't been close to these things but I'd only choose Delta if it was in any way cheaper, they were offering better flight times/schedules, better planes, or, I was a member of Delta SkyMiles and for whatever reason, felt they were a better choice than AAdvantage or even MileagePlus, also a better program. It doesn't seem like to me anyone who matters is even close to liquidation (chapter 7 bankruptcy).
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Best regards,
Dairenn Lombard
Los Angeles, CA
United is in Chapter 11 bankruptcy and are forecasting they'll come out of it 2004, second quarter (they were originally thinking this year's fourth quarter). American almost filed but didn't and recently some stock trading firm repeated their "buy" rating for AMR Corp. AFAIK, Delta hasn't been close to these things but I'd only choose Delta if it was in any way cheaper, they were offering better flight times/schedules, better planes, or, I was a member of Delta SkyMiles and for whatever reason, felt they were a better choice than AAdvantage or even MileagePlus, also a better program. It doesn't seem like to me anyone who matters is even close to liquidation (chapter 7 bankruptcy).
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Best regards,
Dairenn Lombard
Los Angeles, CA
Sep 7, 2003 | 3:42 am
#3
FlyerTalk Evangelist
Join Date: Aug 2002
Location: Department of Homeland Sincerity
Programs: WN Platinum, UA 1k, AA EP, Marriott Plat
Posts: 12,319
Hmm. Better not book any travel for xmas now. The airlines will need your money, so book closer to the holidays when the fares go up.
Sep 8, 2003 | 7:24 pm
#4
Join Date: Sep 2003
Posts: 51
I understand it's no better in Europe - although some of the airlines seem to be government owned/subsidised. The problems in Switzerland have been well documented, but a number of the others seem to be "financially challenged" as well.
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Travel well and arrive home safely,
Jon David
www.simplyjond.com
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Travel well and arrive home safely,
Jon David
www.simplyjond.com