Gumbydammit
Well-known member
- Joined
- Feb 14, 2002
- Posts
- 95
Does anyone know what NWA still has on CAL on takeover considerations? My understanding is that they can prevent one from occuring. I have spoken to a few CAL types and they all think they will be retire under another airline...I have heard Delta mentioned many times and it being a 'when' not an 'if'. CAL's market cap is a measly 600million right now...less than half of JetBlue...the time is right to gobble them up, but I'm wondering if they can be bought at all without NWA's blessing...anyone know? Strange things appear to be afoot at CAL...more than just crazy precontract opener stuff...I am wondering if something is going to happen here soon....