Bringupthebird
Grumpy? Who-Me?
- Joined
- Feb 7, 2006
- Posts
- 2,182
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This isn't news, Parker has been repeating it for several years. He wants to merge US with AA, UA, or DL and if/when he can, he will.
Not even close! Mergers are a way for MBAs and lawyers to make money, which they make gobs of no matter what the outcome. "Profitability" and "synergies" are smokescreens for the common folk shareholders and employees so they will offer little resistance.
Nothing has changed from the Gordon Gecko Lorenzo era except the hamhandedness. Except now it is finessed so that all parties go willingly to the slaughter. It isn't the making of money that they are trying to achieve, it is the moving of money. The more that moves, the more they can skim through legal sleight of hand.
In the end, the new airline is left with left with less money, not more. Where did it go? Sorry, it's just the friction of business and the fog of war--and you should be happy to still have a job, you ungrateful bug, after all we did for you. And on to the next corporate victim.
The mergers have to produce an obscenely profitable airline, which so far they haven't, in order to entice the money to pull off such a deal.
AA would smack down the eastholes.
AA would smack down the eastholes.