Thread: Bankruptcy
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Old 01-16-2021 | 09:35 AM
  #170  
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sanicom3205
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Originally Posted by Hedley
You wouldn’t merge now, you’d merge what is left after the carnage is over, but I don’t really see bankruptcies or mergers. We don’t have to be at 2019 levels to stop the cash burn or even be slightly profitable. The airlines will get to a sustainable level as smaller companies, and then grow back according to their abilities.
Fair, that’s the implicit part of my argument. Better left said than unsaid. I think this summer will stop the bleeding and will provide some good insight as to the future of the industry
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