Merger Alert:US Airways/Alaska ( fact or fiction?)

[wscrj]

Yes General, just as it's safe to say the sun might rise tomorrow.

Nah, the HA thing is the only choice even interesting enough to consider.

 

[Lampshade]

THIS ARTICLE HAS BEEN REMOVED BY THE EDITOR

LOL, looks like they took it down. They must have got a phone call....

 

[WSurf]

Didn't Doug Parker say there employee cost were too high to merge with US??? Funny Doug that they have a higher cost, but still make more money!! Hmmmmmmm

 

[Citjok]

I'm not an expert in economy but the last time I checked Alaska Air Group stock was $65.00 and change, US Airways $7.00 and change. Not a chance.

 

[The Prussian]

Interesting...I didn't know that USAir bought America West in 2005..

 

[reepicheep]

The article was clearly a ploy by some junior Alaska pilot to get a bunch of senior pilots to commit hari kari

 

[ImbracableCrunk]

commit hari kari

Cubs win! Cubs win!

 

[Green]

I'm not an expert in economy but the last time I checked Alaska Air Group stock was $65.00 and change, US Airways $7.00 and change. Not a chance.

You sure don't sound like an expert...Microsoft has a share price of 26. Does that mean Alaska Air Group is worth more than Microsoft? Just looking at a share price doesn't tell you much. Some companies have quite a few more shares outstanding than others

 

[Dan Roman]

You are right about the share price, but I think the point is that USAir doesn't have enough cash to "buy" Alaska. It would have to be a mutually agreeable merger. Which of course cannot happen due to the bed USAPA has built. It would not be in the best interest of Alaska shareholders to take on the USAir legal problems.
Again, USAPA has made USAir pretty much unmergable.

 

[Hpilot]

Doug made a lot of money for the investors that financed the AWA/US Airways merger. If anyone could come up with the money it would be him. As for Alaska? I wish it were true, but really doubt it. Probably did cause a couple heart attacks in the over 60 crowd.