General Lee
Well-known member
- Joined
- Aug 24, 2002
- Posts
- 20,442
Doug's gonna end up buying NWA for US, CAL will buy UAL and DAL will be holding an empty bag.
No, I doubt that. I think Delta is looking at NWA or part of UAL--maybe the INTL routes while allowing CAL to pick up the DOM routes and their beloved DEN hub they miss so. Look at it this way. What does Delta gain from a UAL merge? Besides the Asian routes they would get a lot of debt and a lot of overlap. NWA would merge with CAL and become the powerhouse that DAL and NWA could have been---strong ASIA (NWA), strong Europe (CAL from EWR), and a southern hub (IAH). That would be stupid for DL to do. I think DL is considering UAL so that Pardus Capital will get off their butt. Most analcysts have pointed out that NWA and DL would be the likely combo.
Also, who wants to merge with USAir? That is another quagmire. And if somehow Delta was out "holding an empty bag" as you say, I think that would be better than getting into a bad merger.
Bye Bye--General Lee