The next big obstacle would be financing the exit. Presumably they would be looking for debt financing and some equity financing.
More Quotes from Bill Warlick:
The larger companies with the stronger balance sheets are in the position to lay out solid capital and generate consistent returns.Bill Warlick
Until September 11, they really were focusing on keeping their balance sheet rather clean and keeping their leverage modest relative to the other big carriers. Unfortunately, that all changed after 2001.
Bill Warlick
It's going to be hard for Delta to survive alone unless it can drive its costs down to the level of the low-cost carriers.
Bill Warlick
As long as investors are willing to stay on board, this company could have enough cash to make a go of it for a while,
Bill Warlick
Given his extensive background in network planning and strategy formulation, he probably would be a good choice for a carrier like Virgin looking to launch U.S. operations.
Bill Warlick
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