amcnd
Well-known member
- Joined
- Oct 1, 2003
- Posts
- 901
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As a matter of fact Gerry and I were shatting together just the other day. He was having a very difficult time with hemhorroids, and did say that the K-Y you gave him the night before was very helpful.General Lee said:I'm glad YOU FEEL THAT EITHER DL OR UAL WILL HAVE TO LIQUIDATE. I ALSO THINK YOU SHOULD GET BACK TO SELLING SOME MORE GEICO CAR INSURANCE. This USAir/AWA merger was not on your scope a few months back, and WHAM, it happened. There are a lot of things going on in the background, things that the mighty Lowecur is not privy to. Grinstein said today that there was some sort of merger possibility with DL and some other carrier, but of course he could not talk about it to great extent. Maybe you know the details, Lowecur? I'm waiting.
Bye Bye--General Lee
lowecur said:As a matter of fact Gerry and I were shatting together just the other day. He was having a very difficult time with hemhorroids, and did say that the K-Y you gave him the night before was very helpful.
Now to the subject. I have only predicted that one merger is a possibility and that was AMR/UAL. Could DL or UAL find partners? Sure, anything is possible, but the deal will have to be very synergistic from an Investment Banker point of view. Oil needs to come down to around $40 per barrell and stay there. The only was I see that happening is a global downturn. Let's face it GL, there just isn't a major carrier today that could swing any kind of deal without some kind of major investment from the outside.
It's a game of musical chairs and it looks like UAIR/AWA have got a seat for the long term. Backing a deal like UAIR/AWA makes a lot of sense to investors as they now have a head start on establishing themselves. UAL is poorly run, and DL just hasn't moved fast enough to right the ship. Time is critical, and the next group to hook up together just may eliminate who's ever left.