To get back to the beginning of this thread, the US airline industry seems to be on very, very thin ice....kind of like a dog sled slowly inching forward on the ice hoping to make it to land without mishap. Murphy strikes and one of the dogs goes through the ice. I wonder how many of the other dogs (regionals) would go under. I do wonder how it would play out if say United and/or US Airways went into liquidation.?
I'm an optimist but do like to consider the what-if's. Any thoughts?