TITLE

Airlines Lure The Bold, Creative

AUTHOR(S)
Husband, Sarah
PUB. DATE
April 2003
SOURCE
Investment Dealers' Digest;4/28/2003, Vol. 69 Issue 17, p17
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Restructurings and bankruptcies in most U.S. airline companies are increasingly becoming common. Some companies like Continental Airlines Inc. have restructured three times already, and last week, AMR Corp., the bankruptcy-threatened parent company of American Airlines Inc., recorded a colossal loss of 1.04 billion dollars for its latest financial quarter, which has pushed the airline ever closer to bankruptcy. While that means many are choosing to stay away from airlines altogether, there are others who believe the sector still offers some low-risk opportunities. There are the players with no embellishments.
ACCESSION #
9845525

 

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