24-Sep-2009 10:55 AM

Fitch Ratings concerned about capital requirements for US airlines

Fitch Ratings stated revenue declines for US carriers are slowing and airline financial health is expected to improve in 2010, but carriers are coming to the end of their liquidity reserves and will need “emergency sources of capital” to survive the slower Winter period (AP, 23-Sep-2009). Weak fundamentals in some airlines could lead stronger carriers to commit to another round of consolidation.