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Old 09-27-2008 | 06:07 PM
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Carl Spackler
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Joined: Apr 2008
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From: 747-400 Captain
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Originally Posted by DYNASTY HVY
What happens if the economy goes Tango Uniform after this merger gets approved
Wonder if this was given any thought while ppl were rushing around trying to get it done ?
Just curious about this part .Anybody else in here given this any thought ?
If a true economic depression ensues, all airlines will be too big. All airlines will try massive downsizing in an attempt to "right size" their operation. I don't think any airline could downsize to profitability or break even. Since borrowing is out of the question, cash reserves will determine the amount of time before liquidation. If US government sees EVERY airline liquidating, the healthiest airlines will probably be nationalized.

That's the worst case scenario that I see, but I don't think it will happen.

Carl
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