Republic to buy Comair?

[bvt1151]

It sure would be better than being owned by Delta. Unfortunately Bedford would be just as ruthless as Ornstein when whipsawing the pilot groups until there was a merger. Skywest is one of the best companies to work for, and they've already started the saw.

 

[WSurf]

Yeah, DAL ruined CMR by making them twice as large as when they bought them and buying them all those RJs.

DAL will sell CMR. Bank on it. If it's not Republic, it will probably be MESA. The more concessions DAL is able to extract from CMR, the more attractive the offers will be for its ultimate sale.

They better get the cost down a lot further! And who wants to buy a company with a bunch of 50 Seat RJ's? Nobody jumped on Indy and there 50 Seat RJ's!

 

[FDJ2]

They better get the cost down a lot further! And who wants to buy a company with a bunch of 50 Seat RJ's? Nobody jumped on Indy and there 50 Seat RJ's!

You're right, CMR is basically worthless, that's why DAL management has already written off a large loss for that lemon, but even a lemon is worth something for parts.

 

[Pogue Mahone]

You're right, CMR is basically worthless, that's why DAL management has already written off a large loss for that lemon, but even a lemon is worth something for parts.

I guess the judge same could say the same for the mainline.

Except at the mainline all the assets are leveraged to the hilt already.

Last Trade: 0.50 Trade Time: 12:57PM ET Change: 0.01 (2.04%) Prev Close: 0.49 Open: 0.49 Bid: N/A Ask: N/A 1y Target Est: N/A Day's Range: N/A - 0.50 52wk Range: N/A Volume: 802,509 Avg Vol (3m): N/A Market Cap: 94.67M P/E (ttm): N/A EPS (ttm): -20.26 Div & Yield: N/A (N/A)



Note the EPS...

 

[RJ Bum]

I just don't want to be around if or when they try to merge the list.

 

[91100 100 set]

I just want to post on page one of this thread...

 

[BoilerUP]

I don't think Bedford is that stupid.

But maybe WH could 'work his magic' there?

 

[FDJ2]

I guess the judge same could say the same for the mainline.

Well certainly DAL's market Cap is worthless, but how much is DAL is worth? That's a different question. I suspect you'd have to pay significantly more than DAL's market cap to acquire the airline.

 

[flylike44]

staple!

 

[RJ Bum]

I just want to post on page one of this thread...

:laugh: Too late!