Originally Posted by
Profane Kahuna
I did not make any disparaging statements about FedEx, UPS, or the state of their pension plans or business model as a whole. I actually think they are great companies and will probably do well in the future. And yes I have done the research to include reading through 10-K and other SEC filings of various airlines.
I am just saying thay if you pay attention to airline history; almost everyone goes bankrupt at some point in time and everybody loses their pension.
Pan Am, TWA, etc were some of the titans of the industry but it even happened to them.
https://en.m.wikipedia.org/wiki/List..._United_States
You are comparing pax airlines vs cargo companies, totally different segments. The ONLY thing that airlines have in common with cargo companies is they fly airplanes. Even the yields of the airline segments are much different.