Jonny Sacko
Well-known member
- Joined
- Dec 22, 2005
- Posts
- 748
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Interesting comparison. The one thing that's changed is that Continental now has a larger market cap, effectively putting us in the driver's seat if this merger goes down.
That didn't last long. Market cap = price/share x shares outstanding. Using today's closing prices:
CAL= $16.04 x 98.00M = $1.57B
UAUA = $13.95 x 118.99M = $1.66B
Does this mean that, as of today, UAUA is back in the driver's seat? Market cap is not a measure of who's in charge of a merger.
You're also ignoring the fact that due to the DAL/NWA merger, CAL is going to be effectively frozen out of SkyTeam. In order for them to continue to expand internationally, they need to join the Star Alliance or One World.
Ask Kellner or any of the rest of CAL senior management how much they're concerned over their future in SkyTeam.
Based on your previous comments you seem to careless about fairness and use Market Cap as a sole determiner of who should be more senior. I have no dog in this fight but based on UAL performance and dark future I would put CAL way above you guys in most aspects.
How is that fair when my company was holding it's head above water while the competition was drowning before the merger?
It's not, which is why integration should heavily favor career expectations. I'm pretty none of the recently hired pilots at UAL expect to upgrade within five years.
Karma is a b!tch, and she always comes back around...