Continental Says It Remains Vulnerable To Industry Recession
Even though Continental has negotiated a number of agreements to increase its liquidity, it "remains more leveraged and has significantly less liquidity than certain of its competitors" and thus may be "less able...to withstand a prolonged recession in the airline industry," the company said in an...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.