Originally Posted by
all4114all
Actually this is against all carriers. The link below is more of a complete picture of what you were trying to report.
I feel Delta Airlines is the most vulnerable in this scenario. Their low cash situation coupled with a lot of excess capacity and employees resulting from the recent merger, have not been rightsized as of yet. This Southwest fare sale will only hasten the tough decisions Delta will have to make now that the honeymoon period is over.
This is a joke, right. Delta has over $5 billion cash. They are able to hedge up to 100% of their fuel needs and they have financing for the 777's and 737's that are being delivered in the next few months. They are already further ahead on their merger than the LCC merger that occurred three years earlier.
Maybe you know more than Scott Kirby (President of LCC), but according to him, LCC can't find financing for their A-330's, they can't hedge fuel, and they are bouncing off the limits for their exit financing covenants.
United is now mortgaging spare parts and paying 17% interest for the privilege. They are also bouncing off the cash covenants for their credit card processor.
If USAPA had any brains, they would quit the internal fighting and figure out how quickly they can fully integrate so they can get their airline making more money. My guess is they will still be throwing money at their lawyers when they hear their airline is being parted out. Date of hire or nothing will probably lead to nothing.