High-Flying, High-Debt Airlines Will Be Forced Back Down to Earth, Again
December 05, 2013 at 16:51 PM EST
Stock prices for United Continental (NYSE: UAL ), US Airways Group (NYSE: LCC ), and Delta Airlines (NYSE: DAL ) have soared for 2013. Pretty remarkable, when you consider the level of debt each of these companies is carrying. When the market turns, as it always does, the heavy
