SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Madharry who wrote (15172)8/13/2002 9:34:31 PM
From: Paul Senior  Read Replies (1) | Respond to of 78748
 
Hi Madharry. Sorry I don't have the answers you seek.

Looks to me like airline stocks are kaput. Strange to me how railroad stocks are doing well and so much better than airline stocks.

If my experience with banks for an onerous real estate loan is anything like companies' experiences with their bankers, those bankers won't refi on anywhere near acceptable terms to the airlines. Maybe in bankruptcy.

I've been adding a little bit to my position in AMR. I still own a little KLM, only a smidgen of DEL, and a sprinkle of MAIR. I took my losses in UAL several months ago.

I understand the desert is strewn with mothballed planes. More coming. The Fokkers!



To: Madharry who wrote (15172)8/14/2002 8:34:09 AM
From: Keith J  Respond to of 78748
 
Issue is UAL's labor costs are too high, and bankruptcy would enable them to renegotiate the labor contracts if the unions don't agree to concessions.

KJ