Global carriers: How real is the bankruptcy threat?

摘要

There is growing speculation not just about the fate of aircraft orders but about liquidity issues and even bankruptcies this upcoming winter.rn"Could British Airways really go bust or not?" asked the headline of a (serious-sounding) article on the UK Sunday Times' website on June 21st. Who would have thought that question would ever be asked about BA, one of the world's most profitable global carriers in recent decades, given its unbeatable Heathrow hub and uniquely strong route franchise and market position.