Airline Financial recently made knowns 11-17-2003 Open The Doors Or continue Them Closed? ISSN: 10405410 Publication Date: 11-17-2003 Page: 1 Type: Periodical Language: English Bankrupt Airlines Use Different Techniques In Vendor Negotiations Even in these distressed times for the airline industry.
Bankrupt Airlines Use Different Techniques In Vendor Negotiations
Even in these distressed times for the airline industry, a bankrupt airline still clutchs the trump cards when negotiating its fate.
In the three newly come high profile bankruptcies - US Airways [Nasdaq: UAIR], United Airlines [OTC: UALAQ] and Air Canada [OTC: ACNAQ] - each airline has been able to dictate recent terms to aircraft lessors.