After 9/11, the gubmint came up with a package for the airlines. As it turns out, they (the airlines) were really only interested in the free money, not in the loan guarantees.
Now, they are again threatening bankruptcy, but apparently are not serious enough to apply for those loans. Perhaps someone should be checking up on what these clowns say about their dire financial situation.
It's remarkable that Southwest has actually had to hire people and yet the airline business is so slow that a pilot strike may bring the big airlines to bankruptcy. Perhaps it's the business model of the big airlines that's at fault here.
Posted by nicole at January 23, 2002 08:51 AM