Originally Posted by
Gone Flying
I think BK is a foregone conclusion for all of the big 4 if we don’t see a significant recovery by next summer. I think all 4 airlines are currently losing around 20-30 million a day each. Absolutely no way that can continue for 8 more months without CH11 (and maybe a CH7)
Except 1 airline going under would remove all those ASM’s from the market which would be a big boost for the remaining airlines.