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Skywest to dump/merge ASA?

  • Thread starter Thread starter restart
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Delta also delayed the destruction of our pass benefits until until 12/4. Look for the announcement that Delta is buying us back on 12/3. You heard it here first!!!

I don't know when the "clause" in the SkyWest buyout expires for Delta to buy ASA back. I don't see it happening for this reason. While ASA is arguably the most profitable airline in the industry the last 10-20 years, ASA still comes with its share of debt. Granted it makes money, but it would also hinder Delta's debt/income ratio. I believe Delta wants to purchase airplanes, lots of them. The debt ASA brings with it would reduce their purchasing power for future airframes. It's a great thought, that most ASA employees would welcome, I just don't see it happening. I've been wrong once before, however.....

Trojan
 
Delta also delayed the destruction of our pass benefits until until 12/4. Look for the announcement that Delta is buying us back on 12/3. You heard it here first!!!

Yeah, and Barry Sanders will return to Detroit Lions for their successful Superbowl run this year!

The date was move to 12/4 because, as usual, ASA has not worked out the fine details of charging you for your formerly free pass benefits.

The revenue they make off this, will help offset contract costs. It's all part of the Zero-Net Gain strategy.
 

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