Im at 91/hr thanks. Research is key on these boards gentlemen.
Well that's not bad but I would be saving as much of it as possible. Did you see the revised GDP figures out today? Not good. Then Berhnanke said there was nothing the Fed could do......Say. How about you do some research and get back to me with the examples in airline history of ANY airlines that merged and then proceeded to expand beyond that point. Then make a list of airlines that actually shrunk after a merger, especially if said merger took place just before or during a recession. I'll help you out since you are kind of new in the business and I am an Old Man.
1. Republic (not the commuter) shrunk
2. Usair/Piedmont/PSA. Shrunk. (I got furloughed as a result)
3. Northwest/Republic. Shrunk
4. Texas Air Corp ( complicated mess)
5. American/TWA. Shrunk
6. Usair/ AWA. How is that working out?
7. United/continental. Growing? Nope. Shrinking?
8. Delta/ NW. Growing. If you count codeshare I guess.
Now I am sure there are a few mergers by major airlines that actually resulted in sustained, long term growth in the last 30 to 35 years. I just can't think of one.
Now against that reality, why in Gods name do you guys want to get into a streetfight with Gary Kelly? In the worst economy since the Great Depression?
Are you nuts?!!!