Airline Financial novels 12-15-2003 Major Carriers May Not Survive Growing Pension obligation Volume: 21 Number: 47 ISSN: 10405410 Publication Date: 12-15-2003 Page: 1 Type: Periodical Language: English Most Legacy Airlines Are Heading To Bankruptcy Unles prices Are Restructured A growing mountain of pension stock debt may spell the extreme point of the U.
Airline Financial novels
12-15-2003
Major Carriers May Not Survive Growing Pension obligation
Most Legacy Airlines Are Heading To Bankruptcy Unles prices Are Restructured
A growing mountain of pension stock debt may spell the extreme point of the U.S. network carriers as they now exist. It is likely that five of the six airlines saddled with generous pension plans will pass bankrupt, be liquidated, merged or consolidated in the industry's nearest down cycle - if not sooner
