Ikarus, this is not a hate campaign, just looking at some facts.
You also have to realise that Virgin does not have to realise figures like BA and others do as they a not a PLC. They can cover all of this up, until a much later stage. Also if you look at Virgins market the run down is:
Africa supports itself
Before September the north Atlantic market made the money for VS. Now with loads lower then ever before, and the comptetion as fierce, VS is in trouble!
BA does have tough times infront of them, however they are much more likely to get by. They have more eggs in more baskets then other airlines.
I also suspect bmi to stop transatlantic service in the next month, they could not have come in at a worse time.
UA does need to cut back the mess around the edges, but overall I suspect them to far OK. I doubt CO will go under as they made a profit last year when most airlines did not.
Just my thoughts!