Availability of capital will be a defining factor for U.S. major airlines, regardless of demand
Despite emerging signs of demand stability, U.S. airlines are eyeing the fall travel season with great trepidation. A renewed slump in this period will put intense pressure on airline liquidity—and that threat, along with earlier losses, is dispelling the last hopes of a profitable 2009 for almost all carriers. At least four airlines are seeing definite signs that the precipitous demand declines in the first half of the year have leveled out. This could reduce the damage in the remainder ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must be a paid subscriber to access "Liquidity Looms as Major Headache for U.S. Carriers".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.