CX747
Topic Author
Posts: 5576
Joined: Tue May 18, 1999 2:54 am

How Is National Doing?

Tue Dec 26, 2000 5:50 am

I heard about 2-3 weeks ago that National Airlines had filed for Chapter 11 protection. I was wondering how the airline was currently doing? I thought that they were off to a good start and actually had earned a profit.
"History does not long entrust the care of freedom to the weak or timid." D. Eisenhower
 
highliner2
Posts: 637
Joined: Mon Nov 20, 2000 1:26 pm

RE: How Is National Doing?

Tue Dec 26, 2000 3:35 pm

i would think it's probably too early to tell yet
Go Cubs!
 
highliner2
Posts: 637
Joined: Mon Nov 20, 2000 1:26 pm

RE: How Is National Doing?

Tue Dec 26, 2000 3:42 pm

i would think it's probably too early to tell yet
Go Cubs!
 
N628AU
Posts: 355
Joined: Wed Oct 18, 2000 4:20 am

RE: How Is National Doing?

Tue Dec 26, 2000 5:51 pm

I understand from someone who works at National that this is aimed at getting more money from the intial investors, and trying to hold out until fuel costs come back down.
 
Navion
Posts: 1052
Joined: Tue May 18, 1999 1:52 am

RE: How Is National Doing?

Tue Dec 26, 2000 10:41 pm

They were doing well, however the spike in fuel prices obviously shaved away any of the already thin margins they had.