00-00-0000 Low-Fare Carriers Face Unique Risks in Economic Downturn Airports May Be Forced To cut short Capital.
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Low-Fare Carriers Face Unique Risks in Economic Downturn Airports May Be Forced To cut short Capital, Operating Costs
Apr 09 2001 (Airline Financial News/Phillips Publishing via COMTEX) -- The ability of low-fare carriers to remain viable during an economic downturn, particularly if accompanied by means of higher aviation fuel costs, could embarrass a problem for this part of the industry due to its low plains of capitalization, according to Moody's Investors Service.
The investment house points revealed however, that Southwest Airlines [LUV] jetBlue Airlines and WestJet Airlines