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jetflier said:I've been hearing bits and pieces of rumors about DAL/CO/NWA....possible combining......merging.......purchasing assets, etc..
Any one have any of those rumors to share here?
It's all for entertainment....
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tranceport said:I hope this merger happens so that passenger fares finally go up and we can start screwing the customer again with high prices, not just lousy service.
Gator1999 said:Ahhh. The Northdeltanental rumor lives...I thought this died a while ago, glad to see it's back.
General Lee said:and Comair will be sold to Mesa. (JMO)
Bye Bye--General Lee
General Lee said:better than Northta
Tref said:I'm pretty sure no one can aquire Continental without NWA's consent. That was part of the stock buy back deal when NWA had to sell a bunch of the Continental stock a few years ago.
There was a rumour awhile back about Continental aquiring Delta because they can buy someone else, they just can't be bought (without NWA's consent.) Seemed kinda crazy at the time, but I'm starting to believe that anything's possible in this industry.
When Richard Anderson was still CEO of NWA, he said that most of the efficiencies of a merger can be achieved through code sharing (which they are doing) without all of the costs/complications.
One factor to consider now though, is that it looks like the only way Wall Street is going to give a US airline any cash is through a merger scenario. They aren't willing to subsidize more losses but are willing to gamble on a possible shift in the status quo.
As to a possible Delta/Northwest combo, I heard a guy come up with the new name: "Delta" from Delta Airlines and "Airlines" from Northwest Airlines. Hope that never happens, but it was good for a laugh.