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Will Any Airlines File Bankruptcy in 2008?
javier-vives ( Score Rank: #364 based on predictions in the last 30 days ) javier-vives  |  will close on 01-Jan-2009 (123 days from now)
Around the globe, many airlines cut down number of flights in July as they are struggling to survive with high oil price. Who will be the FIRST of following N. American airlines file bankruptcy in 2008?
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0 vote This is Good This is Bad
2008-08-29
A
Aug. 28 (Bloomberg) -- Deutsche Lufthansa AG , Eur... (more)
0 vote This is Good This is Bad
2008-08-28
B
Aug. 28 (Bloomberg) -- Deutsche Lufthansa AG , Eur... (more)
0 vote This is Good This is Bad
2008-08-27
C
Aug. 27 (Bloomberg) -- European stocks fell for a ... (more)
0 vote This is Good This is Bad
2008-08-25
D
Aug. 25 (Bloomberg) -- Deutsche Lufthansa AG , Eur... (more)
Comments (6)
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  1. Arthur Arthur 42 days ago
    0 vote This is Good This is Bad
    predicted: [ Most Likely ] [ 90% ] Air Canada
    (more)
    none of them may go bankruptcy, but none of them make positive cash flow.
    [ reply ]
    1. Homer Homer 39 days ago
      0 vote This is Good This is Bad
      Agreed, no positive cash flow for a while. It is not like the gas price will drop to a point to keep their book from red.
       
  2. Homer Homer 43 days ago
    0 vote This is Good This is Bad
    Check out how Air Canada stock plunges in the last 3 months.
    http://finance.google.com/finance?chd...;
    [ reply ]
  3. Tony Tony 53 days ago
    0 vote This is Good This is Bad
    predicted: [ Most Likely ] [ 90% ] None of the above
    (more)
    I have to say none of the above. I don't believe the oil price will continue to go up like this.
    [ reply ]
  4. black-shoulder black-shoulder 53 days ago
    0 vote This is Good This is Bad
    predicted: [ Most Likely ] [ 40% ] None of the above
    (more)
    The business of airlines go beyond your typical business. Because flights are flying over international skies, the business often involves a lot of politics. Should a company go bankrupt, I think it will be a local company that offers very little, if any, international flights.

    The US government also wants to hold up its economy as much as possible before the presidential election.
    [ reply ]
  5. javier-vives javier-vives 56 days ago
    0 vote This is Good This is Bad
    predicted: [ Most Likely ] [ 78% ] Air Canada
    (more)
    i bet air canada is the least likely to survive as this company never has positive cash flow.
    [ reply ]
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