Which Airlines may be next to Fold?

O

ozfflyer

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thomas cook gone

jet airways india gone

cobalt gone

numerous otheer EU operators gone

JQ NZ domestic goning

Condor next ?

Norwegian ?
 
ozfflyer said:
well we are in the middle of one massive fricking recession !!! I'm just a realist. Flicked most of our rental properties & got out of any debt. The big question is how many years before we hit rock bottom ?
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I’m not selling anything right now, That said I could see this coming and converted to cash some time ago. Opportunities will abound in the coming months .
 
GPH said:
I’m not selling anything right now, That said I could see this coming and converted to cash some time ago. Opportunities will abound in the coming months .
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Isn't the smart investors creed "Be fearful when others are brave, be brave when others are fearful". Certainly true last year.
 
GPH said:
I’m not selling anything right now, That said I could see this coming and converted to cash some time ago. Opportunities will abound in the coming months .
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Exactly, the smart people are waiting to jump on some bargains. You have to think anti-cyclical and be comfortable with this. Most people are not.
 
tomcut2000 said:
No surprise that VA is in deep trouble - the mother company is in very deep trouble themselves!
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I don't quite understand your point? VS has nothing to do with VA financially, one could collapse and the other could be fine...

All they share is a common owner and name that they pay millions to use...
 
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jakeseven7 said:
I don't quite understand your point? VS has nothing to do with VA financially, one could collapse and the other could be fine...

All they share is a common owner and name that they pay millions to use...
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if I am correct - VS has a small stake in VA... not saying they are the major cause of it... but there could be a small link on it... but mainly it is mismanagement by VA that caused VA collapse
 
tomcut2000 said:
if I am correct - VS has a small stake in VA... not saying they are the major cause of it... but there could be a small link on it... but mainly it is mismanagement by VA that caused VA collapse
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No, they do not have any stake in VA.
 
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