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  • Are Airlines Going Bankrupt Again? [View article]
    the cash positions alone don't tell the whole story. there are debt covenants in certain lending agreements that require some airlines to hold a certain amount of cash as collateral and/or as additional cushion. some of these airlines won't be around as going concerns by this time next year, or 2011 at the latest, no matter what they do with their ticket prices and no matter where crude oil is going.
    Jul 06 04:34 am |Rating: +5 -1 |Link to Comment
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