I think it's now abundantly clear that failing carriers should not be purchased by other carriers. IF they are going to fail, they should be allowed their destiny - faliure.
An airline should stand on it's own feet or let the marketplace insure it doesn't stand. If it does indeed fail, the ASSETS can be purchased by other carriers without the hassle of integration squabbles and their will be no "expectation" demands.
If your carrier is solvent, you'll never worry about this. If your carrier isn't, you'll also never worry about this as you'll have no "expectations" from being rescued.
Survival of the fittest !
An airline should stand on it's own feet or let the marketplace insure it doesn't stand. If it does indeed fail, the ASSETS can be purchased by other carriers without the hassle of integration squabbles and their will be no "expectation" demands.
If your carrier is solvent, you'll never worry about this. If your carrier isn't, you'll also never worry about this as you'll have no "expectations" from being rescued.
Survival of the fittest !