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

[Boxboy]

USAir + "Alaskan"=Airmegeddon

 

[eaglesview]

USAir + "Alaskan"=Airmegeddon

Not to worry.

East + West = Unmergable

 

[get2flyin]

USAir + "Alaskan"=Airmegeddon

Actually it's USAir + "ANYONE"=Airmegeddon (head in hands)

 

[CitationLover]

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

It's called market capitalization. Alaska is worth 2x what USAir is.

 

[Metrojet]

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.

Captain Roman -

If i were you - i would just be happy flying my A330 between the island and the west coast - you have no idea what can happen on the mainland between Alaska and Arizona - and USAPA is not the deal breaker (not that I want another merger)

Metrojet

 

[Dan Roman]

Captain Roman -

If i were you - i would just be happy flying my A330 between the island and the west coast - you have no idea what can happen on the mainland between Alaska and Arizona - and USAPA is not the deal breaker (not that I want another merger)

Metrojet

Sounds like I struck a nerve. Kind of of delusional thinking that nobody should post about "other" airlines on a web board for all airlines.

Simple fact is USAir has a LOT of legal baggage that would be brought to a merger. It would be illegal for a BOD of a healthy airline to subject itself to that and OK a merger that would turn a healthy airline into a unhealthy airline. Which would happen if anyone were to merge with USAir and subject itself to the legal mess USAPA has created.

Sorry, just stating the obvious.

 

[Flybywire44]

Sounds like I struck a nerve. Kind of of delusional thinking that nobody should post about "other" airlines on a web board for all airlines.

Simple fact is USAir has a LOT of legal baggage that would be brought to a merger. It would be illegal for a BOD of a healthy airline to subject itself to that and OK a merger that would turn a healthy airline into a unhealthy airline. Which would happen if anyone were to merge with USAir and subject itself to the legal mess USAPA has created.

Sorry, just stating the obvious.

Is Alaskan ALPA? Could Alaskan not just vote out USAPA and start with a fresh Union and fresh SLI/Contract negotiations?

 

[reepicheep]

Southwest would own SEA within 5 years....no make that 3 years.

 

[Hpilot]

Is Alaskan ALPA? Could Alaskan not just vote out USAPA and start with a fresh Union and fresh SLI/Contract negotiations?

You bet. So even though it would be a good thing for US Airways ucrapa/east would f*$& it up. The bone heads got handed a winning lottery ticket with the AWA/US Airways merger and managed to f$%^ that up. Dumbest pilot group in the history of aviation.

 

[Dan Roman]

Is Alaskan ALPA? Could Alaskan not just vote out USAPA and start with a fresh Union and fresh SLI/Contract negotiations?

They are ALPA, but that wouldn't prevent the USAPA pilots, even if voted out, from bringing years of litigation with them. Which is why no BOD could accept a USAir offer without putting themselves at great legal risk for failing their obligations to their own shareholders.
They would essentially screw up a healthy airline by accepting a USAir offer.