Airline Financial of the present days 10-14-2002 Cash grow Raising Red Flags - smooth Without War Volume: 20 Number: 39 ISSN: 10405410 Publication Date: 10-14-2002 Page: 1 Type: Periodical Language: English Conflict With Iraq Could charge $1.
Conflict With Iraq Could charge $1.7 Billion A Quarter
A just discovered airline industry cash flow analysis at Credit Suisse First Boston raises r flags about near-term liquidity of the same heights even when war with Iraq is not part of the equation. When war is weighed, it appears the industry would take a $17 billion hit to cash for each quarter that war drives up combustible matter prices and impairs traffic.
