PPRuNe Forums - View Single Post - Branson predicts "Spectacular Casualties in the Airline Industry"
Old 20th Jul 2008, 10:12
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ATNotts
 
Join Date: Oct 2004
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Which US Airline?

Coming back to Richard Branson's point, I would venture to suggest the answer might be that there will not be a "casualty" as such. Not that one, or may be more than one might become insolvent - but that the travesty that is "Chapter 11" will ensure that they a reincarnated - to fail again, and return to good 'ole chapter 11.

They certainly wouldn't be allowed to be taken over by any cash rich foreign investors (Emirates for example) - that would never do.
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