Bringupthebird
Grumpy? Who-Me?
- Joined
- Feb 7, 2006
- Posts
- 2,182
Post the full transcript. Then tell us how anyone could predict the future with 100% certainty. Without US, AWA could have easily taken over PHL and likely CLT. But since that didn't happen, we will never know.It is transcript FACT from Parker that America West would be soon bankrupt and did NOT have the sole capability of raising funds to merge and would likely liquidate.
However it is verifiable fact that US had burned through its holdback requirement from credit card issuers and was likely to default on that requirement which would have been the Golden Domino which would have finally brought an end to the scourge of the industry that was USAir. The Alabama Teachers Retirement wasn't going to cough up any more money. The ATSB wasn't. Airbus wasn't. The State of PA wasn't. Only Doug Parker, with a promise to pound the square peg of US into the round hole of AWA, was able to secure money to make payroll.
Too bad he didn't buy the scraps at auction. He may very well have been able to grow while the rest of the industry crumbled. I mean, you seem to be willing to believe in speculation, right?
But then again , think of how annoying the van rides to the hotel would be with some cranky driver telling wild stories of flying the same 330 into Paris that I just got off from.
Give it up pave. Your gravy train has come to an end, 8 years too late.