tomgoodman
Well-known member
- Joined
- Mar 13, 2006
- Posts
- 2,356
Synergies must wait
Regulators and politicians have to be mollified first, by promising full service everywhere. Once the deal is approved, a convenient economic excuse will allow hub and staff reductions, soothing investors and markets.
http://finance.yahoo.com/q/cq?d=v1&s=dal+nwa+aa+uaua+lcc+cal+aai
Candidly, I am surprised.
Reasons cited:
- No cuts in flights
- No reductions in staff
- No hub reductions
- "Rich Delta Pilot Pay" (doesn't exceed inflation rate in reality)
- NWA pilots & rampers against the deal
Regulators and politicians have to be mollified first, by promising full service everywhere. Once the deal is approved, a convenient economic excuse will allow hub and staff reductions, soothing investors and markets.