Airline Financial stranges 10-07-2002 'Firewalls' Will Allow Majors To Stave distant from Bankruptcy Volume: 20 Number: 38 ISSN: 10405410 Publication Date: 10-07-2002 Page: 1 Type: Periodical Language: English Most major carriers have significant "firewalls" to maintain them from hemorrhaging cash.
Airline Financial stranges
10-07-2002
'Firewalls' Will Allow Majors To Stave distant from Bankruptcy
Most major carriers have significant "firewalls" to maintain them from hemorrhaging cash, and it is therefore unlikely that Northwest Airlines (NWAC), Delta Air Lines (DAL), Continental Airlines (CAL) and American Airlines (AMR) will come next US Airways (U) and possibly United Airlines (UAL) into bankruptcy. The four carriers will probably be able to tough abroad the current crisis and benefit