United, U.S. Airways Identified As Weakest Financially

Which airlines will survive, asked Forbes recently, a polite way of suggesting that some won’t. The conclusion:

The biggest problems, though, are at U.S. Airways and United, both of which could easily land in bankruptcy in less than a year, both Herbst and Masters believe. Low market caps and a lack of unencumbered assets to borrow against makes raising cash a problem, Herbst notes.

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