Right. Not only do the Chinese not want more US debt, word is that China is looking to dump some of its US Treasuries in exchange for some hard assets. Mostly mines, energy and hard commodities they can use to fuel their economy. Problem is, every door they knock on gets slammed in their face.

If we allow foreign ownership it seems like the likely candidates would be the dominant partner of each airlines respective code share alliance.

British airways or JAL in the case of American. Lufthansa in the case of United. In both of those cases neither foreign airline may really want to buy a failing US major airline but they may have no choice since they are integral to the alliance as a whole.