eaglesview
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- Joined
- May 5, 2008
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Anyone else see the links at the bottom of the article...
http://dealbook.blogs.nytimes.com/2008/07/21/us-airways-chief-sees-no-need-to-merge/
and...
You got that right!! I hope this is true, I hope they merge tomorrow!Hey at least it gets the CAL guys off the hook.
Celebrating at CAL, actually, this is what may push CAL to merge with United. Interesting.
It's very clear Tilton wants his $50 million merger success fee so that he can leave the industry. Parker probably wants out as well so that he could open his own nightclub.
The problem that I see is the hub overlap (i.e., PHL and IAD, DEN and PHX, etc.). Do you want hubs close together like that? Unlike NWA and Delta, this merger would not be very complementary in terms of hub locations. To me, that means consolidation and potential job losses...
...celebrating at cal, actually, this is what may push cal to merge with united. Interesting.
Not only that, but I seem to remember the whole large presence of UAL at IAD and USAir at DCA stirring up trouble last time they were dancing.
If I were at CAL I would definitely be celebrating.
Then again, next would inevitably be AMR+CAL.