The U.S. airline industry could see a wave of bankruptcies by the winter unless demand improves...

The U.S. airline industry could see a wave of bankruptcies by the winter unless demand improves and tight credit eases. Southwest (NYSE:LUV) is the only U.S. airline left with an investment-grade credit rating and Moody's has negative outlooks on eight of the nine largest carriers.

Comments

[obamaphobe]

A "critical mass" of bk filings is occurring and there is no stopping the carnage.