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> Most airlines operate with a day or less of cash reserves so if the switch to a new res systems stops operation of the airline for any amount of time you could kill the airline

Was this true in 2001? How did they make it through the post-9/11 shutdown? That was about two full days without flights, then a few more heavily limited.



"Congress approves $15 billion airline bailout": http://edition.cnn.com/2001/US/09/21/rec.congress.airline.de...


Indeed, but the drop in demand after the 2 day shutdown was more impactful than the 2 days alone. Demand dropped, and didn't return to pre 9/11 levels for 3 years.




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