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Discussion in 'Other Airlines | Europe' started by uggboy, Jun 20, 2013.
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|| IAG Says Iberia In Critical State ||
Another Oneworld airline facing bankruptcy? Malev. Mexicana. American. Iberia...
US, United, Continental, Swiss, Delta, Northwest, Sabena, ...
US isn't in bankruptcy. Continental got bought. United and Delta were several years ago. The point is, many of the Oneworld airines are failing. Maybe that's because many airlines are failing. Maybe the alliances do make a difference.
Technically neither bought neither, it was a common stock swap, and who's leadership is driving more now? But let's not rehash that all over again.
All of those airlines filed for bankruptcy at some point and most of them in the recent past. My point is bankruptcy can be a strategic move sometimes and they've practically all done it. That's all.
There's a difference between bankruptcy to reorganize your operations and a bankruptcy to liquidate. You can't compare Malev and Mexicana to US, UA, DL.
That's a good point, but Mike named AA in his list.