Originally Posted by
rickair7777
Yes hysteria isn't helping.
But reality as I see it: There is no way the big three will avoid furloughs. 15-20% best case, and it could get much uglier if bookings don't start rolling in by late summer. We'll see it coming... bookings will tell the story, pax don't book holiday season travel in Nov.
As somebody said, it's definitely likely that one or more majors airlines will file BK, almost assured some will merge. It's possible but less likely one or more will liquidate... less likely because the fed cannot let the big four fail, so if they save one or more of those, they'd kind of have to at least try to save the others.
I'll agree with all that..
I'll throw in a purchase of a legacy/major by a venture capitalist group buying one of the big three with funding secured from Asia. Especially if share prices continue to erode. Airline and assets at bargain prices, just need deep pockets to float the business till demand builds.