Originally Posted by
Big E 757
We may be healthier in a downturn, financially, but if passengers show up in lesser numbers, you can bet we will park as many aircraft as UAL or AAL
True, but it is about more than parking aircraft, its about the long term strength of the company. If there was a huge downturn requiring aircraft to be parked then UAL/AMR could have serious troubling meeting debt obligations - DAL much less so.
Yes it sucks for all of us to have aircraft parked but if people are not flying what choice do we have?
All other things being equal the company with the lower debt burden will be under much less pressure to come up with $$$$ elsewhere in the company - think furloughs and compensation cutbacks.
Yes all the airlines will have a tough time if people stop flying but some airlines will be affected less and recover more quickly.
Scoop