Paul R. Smith
Fender Bender
- Joined
- Jan 15, 2004
- Posts
- 722
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You hardly would have the cash to "buy" HAL. Hawaiian has a very strong balance sheet, about 400 million in cash on hand. I don't think AK would want to use up all their available cash to purchase a bigger share of the Hawaii market. Interesting to note though, the largest shareholder in Hawaiian is.... Fidelity Investments.. So I don't discount the possibility of anything can happen with the stock. I don't see our push into Asia and our Airbuses being much of match to AK.
The other thing to consider, much of what makes us successful in the Hawaii market is the fact that we are Hawaiian. I know it's a cliche' but people really do feel like they are in Hawaii when they board us as opposed to waiting till the end of the flight. We have a very loyal and large passenger base that could go away if another name is painted on the side of the airplane and non local people staffed them.
Yeah! I heard the same rumors from my cousin gardener al robaski, up- state new york, That Alaska will merge with Usairways, Keep the name (USAIRWAYS) and USAPA will staple every alaska pilot to bottom. :laugh:
Dan,
My comment was meant "tongue-in-cheek". My hope and belief is that we won't be merging with anyone anytime soon.
CP
Impossible. USAPA's Constitution and Bylaws require DOH integrations with Conditions and Restrictions to protect BOTH sides. No one will ever get "stapled" by USAPA.
That would be a GREAT combo. Enjoy that! It will be so much fun for someone to buy a ticket from Fayetteville, NC to Charlotte on Alaska Air. Those hillbillies will ask "Hey Pervis, are we flyin that Eskimo lookin Hillary Clinton plane again?" Oh wait, Alaska WANTS to change it's name to USAir? Great plan, stan. And a change in control would give those Easties a 50% raise. Sounds like a great start.
Bye Bye--General Lee
The problem isn't the snap back, but the East period.Hers's some rumor fodder. A little birdie said Alaska is eyeing US Airways again. The problem is the East pay snap back.
The only pieces worth anything are east! I totally agree with you! Dump the dead weight in Phoenix- it never was worth anything anyway.