30 airlines will go bust this year
 

According to WW!

Warning: 30 airlines will go bust this year - News & Advice, Travel - The Independent

Anyone hazard a guess who will be around after the storm?

I was slightly suprised to read in the article that Alitalia might have problems.

Some have ideas of who is next. Place your bets

Next airline to go bust? - Next Airline To Go Bust? Betting

I wonder if this is a joke?


Roller

What planet are you living on??

They have been propped up by sucessive governments for years and the EU has finally said enough. if the pilots and CC don't sort themselves out they'll be drawing the dole as early as next week!!

From The Independent:PPRuNe members should take note of this when posting doom and gloom about named airlines.

One thing is for sure:

Alitalia will never go bust!

Willie Walsh is slightly biased in his opinion: the more fear he spreads, the more potential customers will jump on a more safe bet - i.e. a well known carrier.

It all depends on the oil prices and before that on the US presidential election. If there will be a change in US foreign policies towards multilateralism, we will have much less international tensions and so - lower oil prices.

Dani

WW is right to point this out. Buy cheap buy twice as some people are finding to their cost this weekend. After this week I wonder just how bad some airlines balance sheets must be.

and another

The world is flat
King Canute stopped the sea
The Titanic is still afloat............ :ugh::ugh::ugh:

I live on a planet where watching to see what Alitalia is doing is not my primary concern...or even my secondary concern. Consequently I was a little suprised, though I admit not totally.

B

Which begs the question, if you don't have even a peripheral idea of the historical state of Alitalia what are you actually doing, let alone posting, on a Professional Pilots forum ? ?

To beg the question does not mean "to raise the question." (e.g. "It begs the question, why is he so dumb?") This is a common error of usage made by those who mistake the word "question" in the phrase to refer to a literal question. Sadly, the error has grown more and more common with time, such that even journalists, advertisers, and major mass media entities have fallen prey to "BTQ Abuse."

When one begs the question, the initial assumption of a statement is treated as already proven without any logic to show why the statement is true in the first place.
A simple example would be "I think he is unattractive because he is ugly." The adjective "ugly" does not explain why the subject is "unattractive" -- they virtually amount to the same subjective meaning, and the proof is merely a restatement of the premise. The sentence has begged the question.

If that's the case why are Alitalia's odds on that betting website 6 -4? :ugh:

Historical state yes. The suprise arose because I hadn't realised they were in such imminent danger. Perhaps I ought to have, but didn't! :eek:

XL and Alitalia are the next. Don't know what will happen to this industry? Is it wise to go for flight training at this time. As I'm just about starting and sorting out visa issues. But this makes me afraid.

Financial papers this morning are also saying that analysts believe there to be 9 airlines in the UK both scheduled and charter who are in danger of becoming insolvent in the near future.:eek:

To Bri1980 -

Alitalia has long been known to be deep in the doo-doo, something that is known to most ppruners apart from those who spend their time in jet blast (who would want to do that?). Hence the surprise that many have with your ignorance of its perilous state, if it wasn't for Italian government nailing it to the perch it would be pushing up daisies, a late airline, despite its lovely plumeage. A pity in my eyes as their service was excellent when they flew me to Trieste.

To Reamer -

As to whether this begs or raises any questions, I couldn't give a flying :mad:, this is a rumour network, not the towering spires of Oxford (which are pretty crap and didn't impress me) nor the senior common room of Unseen University so could we forget about the Times Literary Supplement style sheet please. Methinks you have either too much time on your hands or suffer from OCD. Either way, professional help is required.

Cheers.

So al446, I guess you must be a carpenter as you appear to have a chip on both shoulders.

'Surprised that Alitalia might have problems' - a very dry sense of humour I suspect!

For those discussing the missunderstanding of English words like "begging" and "question", one has to ask the question if you not only not know the language used here, but also the political facts in one southerly nation on our continent.

Alitalia *is* bankrupt, but that doesn't mean that it will ever go bust in the near future or in longer terms. This is not an economic statement but the analysis of the actual Italian government and its nationalist behaviour. So if you bet on Alitalia's bust, you are plain wrong and don't understand anything about Italy.

Just because a funny page places a beg ratio against it doesn't mean that the facts have changed. So go home and do your homework. Maybe reading Machiavelli or an actual newspaper.

Dani

Indeed. Having done a little catch up reading I must say that my own ignorance of that situation has suprised me. I was clearly living with my head in the sand on that one! :ugh:

As for the person who suggests that what I said was a dry sense of humour: I wish it was!

B