The Carnage of Airline Stocks Message Board

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Non-Tech : The Carnage of Airline Stocks

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To: Sam Citron who wrote (8)	9/18/2001 8:16:55 AM
From: Labrador	Read Replies (1) of 20

>>5) Some airlines have already declared bankruptcy (e.g. Midway) and others may do so in the weeks and months ahead. I think we should focus on carriers with strong balance sheets that can carry them through the current difficulties rather than expect Congressional bailout packages to preserve the industry intact.<< Congress will bail them out this week. Our country is quite dependent on safe travel and we, as a Nation, cannot afford to have the airlines industry decline. Further, if some of the major airlines file bankruptcy, watch your wallet and fairs will increase substantially. I think Continental and Southwest are good values at this juncture.

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