19 ordspråk av Michael Linenberg

Michael Linenberg

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Our previous view ascribed a 50 percent to 60 percent probability to a Delta Chapter 11 filing. We now think it's 80 percent to 90 percent, primarily to the recent surge in oil prices north of $60 a barrel,

We nonetheless would caution investors that even a modest disruption can have a material impact to the bottom line, especially if it persists.

We think the recent surge in fuel prices greatly increases the likelihood of a bankruptcy filing within the next two months.

One way or another, the labor issue will be resolved; this should pave the way for Northwest to reach its savings goals with the other union groups.

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