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View Full Version : Health of an Airline info?


Teroc
10th Jun 2004, 17:58
Hi All,
Does anybody know where I could view the financial well-being of airline companies? Is this information provided online ?

With so many rumours/scaremongering about various Airlines folding etc it'd be nice to get some genuine financial facts.

Thanks
T.

LGS6753
10th Jun 2004, 18:15
Wouldn't we all like to know who will be next to go bust?!

Unfortunately, the request is impossible to satisfy. It is illegal for a company to trade when insolvent, and the Directors are personally responsible, along with numerous advisors if the said company is publicly quoted.

Most companies 'prepare' their annual/quarterly figures for publication, so the public/investors/creditors only see what the Directors want seen.

All you can do is look at historic information, add to that your interpretation of the industry/sector/individual operator's performance, and make a subjective judgement.