Ben88 From United States of America, joined Dec 1999, 1093 posts, RR: 2 Posted (14 years 3 weeks 3 days 7 hours ago) and read 1808 times:
Which airlines do you guys believe are currently the strongest economically speaking? We keep talking about airlines falling left and right like flies, but which airlines are in absolutely no immediate danger of bankruptcy? I'll start the list with some of my own suggestions:
The Coachman From Australia, joined Apr 2001, 1437 posts, RR: 0
Reply 7, posted (14 years 3 weeks 3 days 6 hours ago) and read 1561 times:
Definitely Qantas. Virgin Blue is in a reasonable position as well. Qantas is arguably the most financially safe airline in the world at the moment due to its domestic 'monopoly', though that might change.
Emirates may be ok, it depends on whether this 'war' goes spreads.
Cathay Pacific may be ok, if it trims its North American schedules as it has done, it has a reasonably healthy balance sheet, no immediate danger.
How's SAA doing? They should be weathering ok, I should think.
ANA and JAL? Though I think their exposure to the US market is pretty high.
2cn From United States of America, joined Aug 2001, 648 posts, RR: 0
Reply 10, posted (14 years 3 weeks 3 days 5 hours ago) and read 1517 times:
For US airlines, I'd say the strongest two major airlines are Delta and South West... Delta has a large cash posistion, larger I believe then the other majors... and had they actually counted the 400 million or so they got from the Goverment in the third quater, they would have turned a good sized profit.. instead, they are including it in 4th quarter reports.
Sccutler From United States of America, joined Jan 2000, 5978 posts, RR: 26
Reply 17, posted (14 years 3 weeks 3 days ago) and read 1413 times:
For core financial strength (which includes not only cash position, but prospects for continued operational profitability), you'd have to say Southwest. Their history and operational efficiency have shown that they know how to operate profitably in bad times, and they have the ability to make money when no other carrier can do so.
Qantas are also (for reasons cited above) in a birds nest on the ground, so to speak, with a protected market and overwhelming dominance.
...three miles from BRONS, clear for the ILS one five approach...
Vtual From France, joined Nov 2001, 137 posts, RR: 1
Reply 18, posted (14 years 3 weeks 2 days 23 hours ago) and read 1398 times:
The CEO of Ryanair said recently that in a few years, in europe, they will just be 3 or 4 "real" airlines (in my opinion Air France, Lufthansa and others), and the rest will be occupied by low-fare airlines...
NWA757300 From United States of America, joined Oct 2001, 302 posts, RR: 2
Reply 19, posted (14 years 3 weeks 2 days 19 hours ago) and read 1358 times:
NORTHWEST!! They have as much cash on hand as AA, and DL and they're half their size. They did make a profit in the 3rd quarter, and they are taking delivery of over 40 aircraft next year including 757-300s, 747-400s, 319/320s, and CRJ-440s.
Cobra27 From Slovenia, joined May 2001, 1103 posts, RR: 0
Reply 20, posted (14 years 3 weeks 2 days 19 hours ago) and read 1340 times:
SABENA - just
I think that SIA(Singapore Airlines) is constantly increasing and buying new aircrafts every year. I think that someday it will be as big as UA(if they don't collapse).
BTW: how much was the biggest profit of AA or UA in the history and which airline makes the biggest profits?