Secret Squirrel
Well-known member
- Joined
- Jun 6, 2003
- Posts
- 1,257
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I think you overestimate the number of votes your employees contribute to an election compared to how much money Northwest and TPG contribute to election funds every year. Good luck to everybody.
Young Man this is about antitrust issues not the state of Midwest. The government is only concerned with the intentions of the TPG and Northwest's Airlines involvement. Your management put themselves out their stating how strong their stand alone plan was. If that plan is so strong, why now is the Sky falling at Midwest? This is why politicans should stay out of private business. The people of Milwaukee should be up in arms if Midwest fails. The government is only concerned about antitrust issues! If Midwest were to fail in this current environment, capacity would be sucked up by others and the government knows this! They will not allow one company to use another company to violate antitrust laws!There is nothing guaranteeing Air Tran will make another offer. If the govt. rejects this for "antitrust" reasons on a one flight overlap, what will they say with Air Tran and multiple flight overlaps? I think you underestimate the impact of an ELECTION year and how a company failing with employees in 10+ congressional districts out of work will sway those in the government.
That being said, more and more are starting to see Air Tran as the better option the more this drags on.
Young Man this is about antitrust issues not the state of Midwest. The government is only concerned with the intentions of the TPG and Northwest's Airlines involvement. Your management put themselves out their stating how strong their stand alone plan was. If that plan is so strong, why now is the Sky falling at Midwest? This is why politicans should stay out of private business. The people of Milwaukee should be up in arms if Midwest fails. The government is only concerned about antitrust issues! If Midwest were to fail in this current environment, capacity would be sucked up by others and the government knows this! They will not allow one company to use another company to violate antitrust laws!
The bottom line, Northwest is doing this to only stifle competition. They are trying to protect their region and that is where the antitrust issues come about.
American bought TWA out of Bankruptcy to bulk up with the proposed US Air and United Airlines merger that was going on at that time. American encouraged TWA to go into Ch. 11 so it could take over on the cheap. American was also going to acquire 20% of US Air's assets (40 Fokker-100s, 29 MD-80s, and all of US Air's 757s because they had rolls royce engines over United's Pratt and Whitney fleet of 757s). This was all proposed to allow the regulators to approve the merger between US Air and United. The merger only fell apart because United got in over their heads and refused to meet with the DOJ along with American, TWA, and US Air, who were at the table with the DOJ. When the DOJ asked United if they would come back to the table, United said no. The DOJ said they would then sue to block the merger and United withdrew their offer. United paid US Air $50 million and American was stuck with TWA. These are the facts!as someone mentioned this was done at TWA also. politicians will make it whatever they want to make it about. i guarantee you if air tran gave the right people millions they'd nix the deal because of feng shui issues with midwest's paint scheme.
the sky is falling because 2008 is a contractual year. we don't have good enough management to do what they do at air tran: post record profits and growth and still low ball you with offers. ours does it the old fashioned way, fear and intimidation.
and that is the second time today i've been called "young", this is a good day. now if it were only true.
American bought TWA out of Bankruptcy to bulk up with the proposed US Air and United Airlines merger that was going on at that time. American encouraged TWA to go into Ch. 11 so it could take over on the cheap. American was also going to acquire 20% of US Air's assets (40 Fokker-100s, 29 MD-80s, and all of US Air's 757s because they had rolls royce engines over United's Pratt and Whitney fleet of 757s). This was all proposed to allow the regulators to approve the merger between US Air and United. The merger only fell apart because United got in over their heads and refused to meet with the DOJ along with American, TWA, and US Air, who were at the table with the DOJ. When the DOJ asked United if they would come back to the table, United said no. The DOJ said they would then sue to block the merger and United withdrew their offer. United paid US Air $50 million and American was stuck with TWA. These are the facts!
on a sidenote and a bit of trivia. name the federal judge who finally allowed American to buy TWA.
the sky is falling because 2008 is a contractual year.
WELL YOU GOT A HISTORY LESSON! It is not a matter of what I think, it is a matter of what the DOJ decides. I believe it was you who got on this board and started spouting about the world is going to feel sorry for Midwest and Tim and the DOJ is going to make a decision based on that. All I've said consistently is the DOJ will evaluate the transaction to see if there are antitrust issues involved, not rather Midwest will survive with or without this deal. They may approve it and they may not, but it will be solely based on antitrust issues. Tim and Carol made the world believe that their stand alone plan with 50 seat rjs was sound and going to make Midwest profitable. Truthfully, I don't care one way or the other.i don't need a history lesson. i've heard the history from all the twa guys i flew with. american wanted twa in bankruptcy primarily to get rid of icahn's ticket scheme, yadda yadda yadda, carty had a stiffy because united would be bigger, yadda yadda yadda.
who cares. what you, me, or anyone on here states, is irrelevant. what you think is antitrust violations may not be so within the DOJ. all i know is politicians like to be reelected and tim values his stature within the MKE community, two factors telling me the deal will go through. if not, hello air tran possibly and then we can argue about staple / no staple.
on a sidenote and a bit of trivia. name the federal judge who finally allowed American to buy TWA.
Peter Walsh or Sue Robinson?