UA444 wrote:I feel like he means AMR/UAL/DAL survives without bankruptcy. I definitely see at least one smaller carrier filing.
He makes a good argument about the demand problem vs unsustainable costs. The issue is that people are too scared to walk their dog in their neighborhood, let alone get on a plane. And the way some in the media get their jollies reporting this 24/7, I think it’s going to cause massive damage long term.
The legacy carriers are in tougher position. They will have mountain of debt coming out of this.
It's a really bad thing that corporate spending and international long haul travel will be down for a while.