Originally Posted by
sailingfun
Current Morgan Stanley airline position paper.
US Airways, Northwest and United topped the investment bank’s list of airlines likely to file for Chapter 11 unless market conditions improved dramatically, followed by American, JetBlue, Continental and AirTran. Delta, Alaska and Southwest, they wrote, are the least likely to be calling their lawyers anytime soon.
A Morgan Stanley position paper notwithstanding, I'm more comfortable with our current cash position and lower cash burn rate. For an airline our size, it's pretty unbeatable. My bet is that we're the last to fail.
Carl