Ben88 From United States of America, joined Dec 1999, 1093 posts, RR: 3 Posted (11 years 7 months 2 weeks 6 hours ago) and read 1289 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:
DC-10inLB From United States of America, joined Aug 2000, 140 posts, RR: 0 Reply 1, posted (11 years 7 months 2 weeks 6 hours ago) and read 1158 times:
The Coachman From Australia, joined Apr 2001, 1411 posts, RR: 0 Reply 7, posted (11 years 7 months 2 weeks 5 hours ago) and read 1042 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.
SQ similar.
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.
Teva From France, joined Jan 2001, 1868 posts, RR: 17 Reply 8, posted (11 years 7 months 2 weeks 5 hours ago) and read 1021 times:
Air France:
They have just released their quaterly results. Despite September 11, those results are better than last year. And last year results were very good.
Nana...
Ecoute les orgues, Elles jouent pour toi...C'est le requiem pour un con
9V-SPK From Hong Kong, joined Aug 2001, 1646 posts, RR: 6 Reply 9, posted (11 years 7 months 2 weeks 4 hours ago) and read 1013 times:
Singapore Airlines obviously.Qantas, SAS, Emirates...obviously Saudi Arabian.
Dragonair...strong financial situation.
Most government owned airlines are also strong i should say.
2cn From United States of America, joined Aug 2001, 648 posts, RR: 0 Reply 10, posted (11 years 7 months 2 weeks 4 hours ago) and read 998 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.
Scand_Flyer From Norway, joined Nov 2000, 65 posts, RR: 0 Reply 13, posted (11 years 7 months 2 weeks 3 hours ago) and read 966 times:
SAS is reducing capacity and because of that also reducing it's staff, but that is because they are adapting to the new situation so that they can continue to be profitable. SAS is still solid.
Dash8tech From United States of America, joined Jul 1999, 732 posts, RR: 7 Reply 16, posted (11 years 7 months 2 weeks 2 hours ago) and read 952 times:
Sccutler From United States of America, joined Jan 2000, 5101 posts, RR: 28 Reply 17, posted (11 years 7 months 1 week 6 days 23 hours ago) and read 894 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 (11 years 7 months 1 week 6 days 22 hours ago) and read 879 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, 298 posts, RR: 2 Reply 19, posted (11 years 7 months 1 week 6 days 18 hours ago) and read 839 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, 995 posts, RR: 0 Reply 20, posted (11 years 7 months 1 week 6 days 18 hours ago) and read 821 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?
Kdonohue From Canada, joined Sep 2001, 368 posts, RR: 0 Reply 24, posted (11 years 7 months 1 week 6 days 13 hours ago) and read 743 times:
WestJet. Only profitable airline Canada. Mind you, there aren't many airlines left in Canada.
Ken
25 Bombayhog: Continental is strong. I wouldn't say British is all that strong. They are in some danger as well. /gwl
26 Nightcruiser: The strongest airlines in my opinion are: 1)KLM 2)Northwest 3)JAL 4)ANA 5)QANTAS 6)Air France 7)Air Canada
27 MAH4546: jetBlue, Southwest, American, Continental, Delta in the US LanChile in Latin America South African Airways in Africa El Al, Emirates in the Middle Eas
28 Toxtethogrady: JetBlue, Southwest, Alaska, AirTran and Continental seem to be righting themselves, as is WestJet in Canada. Continental is closer to breakeven than a
29 Andreas: The question or rather the comparison of all Airlines worldwide is rather unfair: You just cannot compare low-cost carrier like Ryan, Easy etc., that
30 Qatar: Qatar Airways have been very good and are expanding there fleet and introducing new destinations. They have been operationally profitable since 1996 2
31 Planeguy: Here are the ones to watch out for: Southwest, Ryanair, Easyjet, Westjet, AirTran and Jetblue.
32 Swissair: Balls, AF will never go bust cos the Govenrment wqont let em, gotta preserve frances over controlled very regulated industry!!!!!!!!!!!! Theyll never
33 Swissair: Westjet!!!! JetBlue!!!!! Great airlines in themselves, wesjets case only helped by C3s demise, a very sad day for some
34 AgnusBymaster: Merrill Lynch just published a report on the airline industry that contained bankruptcy probabilities of the various airlines. They are listed below:
35 DeltaASA16: Delta is by far the most economically stable (before Sept. 11) THey were painting their aircaft with new paint jobs every year.They Also pay their pil
36 Lamyl_hhlco: KHALIFA AIRWAYS! Algerian airlines! Lufthansa and Emirate airlines! VIrgin atlantique seems to be the strongest
38 NWA ARJ: I would have to say that Northwest and KLM are the strongest airlines out there
39 Firstclasser: Definately NOT Air Taliban, or Osama Bin L'airline!!! (c'mon, u KNOW smeone was gonna ake this crack,it was only a matter of time!!!)
40 Cba: "Delta is by far the most economically stable (before Sept. 11) THey were painting their aircaft with new paint jobs every year.They Also pay their pi
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