AMR Loses Over $500M
I'm beginning to think that the carnage by the end of the year could be massive and industry altering. I know there's some fancy financing that takes place in the airline industry (to a degree that could be a central plot in a Grisham novel), but supposedly the debt market is closed leaving no way to finance bankruptcies.
I look very soon for flying to become a privilige, not a right, for the very wealthy.
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A self described gym rat. "I got next."
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