Hawaiian

[HA25]

I agree with both of my HAL counterparts in principal, especially HAL's very true comment, but I'm just repeating what our own CEO has stated is the ultimate deciding factor.

 

[General Lee]

Actually, I don't think that is as true today as it was in the 'go-go' era before 2008. Yes, return on investment is an important goal, but it can't be the be-all end-all for corporate strategy. As too many companies have discovered, short term gain this quarter, and mean the destruction of the company a year or two down the road. Without strategic planning (which often means some big up-front expenses) the company won't last.

Shareholders are important, but so are employees, the local community, and more. That's how successful companies have survived for decades.

HAL

But Hal, when you have a niche, you become dangerous. If your market cap is too expensive, like AK, then a purchase might be a big leap. If it is a cheap buy, then it may be explored even more. We all know your airline is a great airline with great service and new routes. But your problem is your airline would be relatively cheap to buy, and that makes you vulnerable.



Bye Bye---General Lee

 

[igneousy2]

I agree with both of my HAL counterparts in principal, especially HAL's very true comment, but I'm just repeating what our own CEO has stated is the ultimate deciding factor.

Your management has to say that it will consider all offers and act in the best interest of the shareholders at all times...otherwise they get sued so I wouldn't use that as any indication of managements desire to remain indpendent or not.

 

[HAL]

But Hal, when you have a niche, you become dangerous. If your market cap is too expensive, like AK, then a purchase might be a big leap. If it is a cheap buy, then it may be explored even more. We all know your airline is a great airline with great service and new routes. But your problem is your airline would be relatively cheap to buy, and that makes you vulnerable.



Bye Bye---General Lee

As always, you're correct General. That's why I give it a 40/60 chance of being bought. All it would take is an airline with some cash on hand and a BOD with island fever. I hope not, but it could happen.

HAL

 

[johnsonrod]

Hey HAL,

You're "dangerous" like MAVERICK... Think of Iceman chomping his teeth after saying that...

 

[Full of LUV]

I am sure the State of Washington is pushing for DL's SEA to HND bid too. I hear our HND to LAX flight is doing well btw. (But the plane had to be right sized, from a whale to a 330)


Bye Bye---General Lee

The State of Washington doesn't have Innoeuye or Akaka as senators.

 

[General Lee]

The State of Washington doesn't have Innoeuye or Akaka as senators.

Yeah, but how about the senators in GA, NY, OH, MI, MN, CA, and UT? Get the picture? Just Jokin, right? Right?



Bye Bye---General Lee

 

[HA25]

The State of Washington doesn't have Innoeuye or Akaka as senators.

both of whom are well into their late 80's it bares mention however.

 

[Full of LUV]

both of whom are well into their late 80's it bares mention however.

Oh I agree and Akaka is retiring and being replace this term already, but until the end of the year for him and till who knows for Inouye, you don't wield a bigger stick in the Senate than the state of Hawaii, if you don't believe it, just look at the amount of Fed dollars vs taxes that Hawaii gets every year to see that effect. Inouye even boasts about it in the paper, he will do whatever it takes (legislatively of course) to make sure Hawaii gets what it wants. That being said, not sure how much the Senators can effect the taking of a slot awarded to Delta to provide service to Haneda from Kona, vs Seattle. Guess we'll find out shortly.....

 

[General Lee]

Oh I agree and Akaka is retiring and being replace this term already, but until the end of the year for him and till who knows for Inouye, you don't wield a bigger stick in the Senate than the state of Hawaii, if you don't believe it, just look at the amount of Fed dollars vs taxes that Hawaii gets every year to see that effect. Inouye even boasts about it in the paper, he will do whatever it takes (legislatively of course) to make sure Hawaii gets what it wants. That being said, not sure how much the Senators can effect the taking of a slot awarded to Delta to provide service to Haneda from Kona, vs Seattle. Guess we'll find out shortly.....

I actually saw Inouye fly into HNL on DL, obviously a connection from DCA, which Hawaiian doesn't fly to. He and his body guards looked happy.


Bye Bye---General Lee