The Times: which airline goes bankrupt first?

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Stratofreighter
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The Times: which airline goes bankrupt first?

Post by Stratofreighter »

Yes, the British put bets on practically everything, and that includes which airline will go bankrupt first...
From Times Online December 29, 2009

Bookie tips Monarch as 'next airline to go bankrupt'

Paddy Power has opened a book on which airline will go bust next, and claims that the UK's largest charter airline, Monarch, is favourite to fold.

The Irish bookmaker claims that in the past seven days more than 100 bets have been placed on Monarch, shortening the airline's odds from 50/1 to 4/1 to be the next airline to go bankrupt.

A Paddy Power spokesman told Times Online: "Almost 8 out of every 10 bets placed over the last week have been on Monarch. It's following a similar pattern to XL Airways last year."
Read the rest, including Monarch's reaction, at
http://www.timesonline.co.uk/tol/travel ... 970326.ece" onclick="window.open(this.href);return false;

TITLE EDITED NOW... :oops:
Last edited by Stratofreighter on 30 Dec 2009, 15:41, edited 2 times in total.
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Re: The Times: which UK airline bankrupt first?

Post by aviodromefriend »

Their list is not only about UK airlines, but worldwide. These kind of things happen quite regularly nowadays, just check this very forum. (BTW, never heard about 500/1 Vatican Airlines.)
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Boudewijn van Oirschot
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Re: The Times: which airline goes bankrupt first?

Post by Boudewijn van Oirschot »

JAL Japan Airlines might go bankrupt in January 2010. Market value for JAL is 2 billion USA dollars only :(

Article in Dutch @ http://www.luchtvaartnieuws.nl/news/?ID=33275" onclick="window.open(this.href);return false;
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