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Joe Mirabella
9th Nov 2006, 00:53
Thread: Bankrupt United Begs for More Time
20th March 2004, 16:51 #15
Shuttleworth


03-20-2004


joseph mirabella- I had to laugh....
Boeing can't "compete" with airbus - because it has no tangible offerings. It's products simply can't compete with those of airbus. It's future (for civil airliners) is bleak.

Ultralights
9th Nov 2006, 03:11
it has always amazed me how the US law system allows Bankrupt companies to continue operating, its a little contradictory to have a democratic capitalist country, pass rules allowing the taxpayer to help fund failed and insolvent businesses.

do these Chapter 11 rulings exist anywhere else in the world?

these bankrupt airlines should be allowed to die a natural death, just as they do everywhere else in the world.

chinawladi
9th Nov 2006, 03:29
How about AF (got HQ's for a symbolic franc), BA (got it's planes for a peanutbutter sandwich a few years ago), LH (got it's pension fund "given", again some years ago), Alitalia (gets billions every year), Olympic (two times the depts were outsourced to a new company), Etihad and Qatar (will never get profitable the next ten years - would be death sentence for normal accounting) ????????????????????????

The others just call it differently, this business is as rotten as politics.

china