UAL may jump in and bid for DAL.

[Dizel8]

hmmmmmmmm

 

[AAflyer]

hmmmmmmmm

Where did my post ago? I didn't call anyone names!! I swear!!!

AA

 

[AAflyer]

NEW YORK, Nov 15 (Reuters) - United Airlines parent UAL Corp. (UAUA.O: Quote, Profile, Research) may not have made the first move in the long-anticipated consolidation in the U.S. airline industry, but it is likely to be a major player in the process.

"The industrial logic of mergers in the airline industry is so compelling," Jake Brace, UAL's chief financial officer, said at a Citigroup investor conference on Wednesday.

"We believe mergers in the airline industry have significant synergies, and we believe the industry needs to consolidate," Brace said.

The comments came after US Airways Group Inc. (LCC.N: Quote, Profile, Research) made an $8 billion offer for larger, bankrupt rival Delta Air Lines Inc. (DALRQ.PK: Quote, Profile, Research). The offer is expected to spur counter offers or new combinations, kicking off a consolidation race.

Analysts see United Airlines as the better partner and likeliest counter bidder for Delta, but the airline was coy about its plans.

"We're going to do what makes sense for our company, and we'll be interested to see what happens with US Air and Delta," UAL CFO Brace said.

United, which analysts say has routes that better complement Delta's than US Airways', is expected to act shortly.

"United is going to have to play its hand pretty quick," said Joe Schwieterman, a transportation expert at DePaul University. "We could even see a bidding war for Delta in the next few weeks."

The US Airways offer prompted a rally in airline stocks, with the Dow Jones U.S. airlines index <.DJUSAR> rising to its highest level in three years, as investors expected US Airways' offer to spark more merger activity in the sector.

"We would not be surprised if other offers emerge for Delta and that an industry trend in M&A starts," said Ray Neidl, an analyst with Calyon Securities.

Shares in Northwest Airlines Corp. (NWACQ.PK: Quote, Profile, Research), which like Delta is bankrupt, nearly doubled to $1.74. Continental Airlines Inc. (CAL.N: Quote, Profile, Research) and American Airlines parent AMR Corp. (AMR.N: Quote, Profile, Research) hit five-year highs on expectations that they may also participate in the potential merger frenzy. (Additional reporting by Paritosh Bansal and Kyle Peterson)

 

[VABB]

Where is everyone suddenly finding money to buy other carriers?

 

[michael707767]

Where is everyone suddenly finding money to buy other carriers?

the music is about to stop and everyone wants a chair.

 

[BiffF15]

UAL buy DL? Who's going to run the business?

 

[XJTAv8r]

UAL buy DL? Who's going to run the business?

The blind leading the blind! :laugh:

 

[AAflyer]

United, Delta, and Usair.... NO MONEY TO PAY PENSIONS!! All of them SHED in BK, but looky now, all this money to buy airlines!!

Well, we know who will get the shaft again.

AA

 

[80for80]

Would the name be DelTed?

 

[FlyBoeingJets]

If we don't see USAir-DAL because of UAL, we'll see USAir-NWA.

 

[michael707767]

United, Delta, and Usair.... NO MONEY TO PAY PENSIONS!! All of them SHED in BK, but looky now, all this money to buy airlines!!

you know thats an excellent point I bet the PBGC will bring up.

 

[FlyBoeingJets]

United, Delta, and Usair.... NO MONEY TO PAY PENSIONS!! All of them SHED in BK, but looky now, all this money to buy airlines!!

Must be how Capitolism works in America. In Kazakstan we just shoot old pilots and start new airline with gypsies.

 

[AAflyer]

you know thats an excellent point I bet the PBGC will bring up.

I hope they do! We have been raped. We have had our pensions, benefits, and wages slashed, while a select few walk away with millions. Now in the drop of a hat Usair can raise 8billion to go on a spending spree.

I hope this Democratic congress looks at the airline looting next year. You do know if these "synergies" based upon the "industrial logic" don't pan out guess who is paying for it!

Regards,

AA

 

[AAflyer]

Must be how Capitolism works in America. In Kazakstan we just shoot old pilots and start new airline with gypsies.

Borat,

No, it is how capitalism works here in the US. Considering your background we will let the spelling slide.

AA

 

[pgcfii2002]

Where is the money coming from........its being borrowed.

 

[HighSpeedClimb]

United Airlines expected to enter merger frenzy

Wed Nov 15, 2006 8:11pm

By Chris Reiter
NEW YORK, Nov 15 (Reuters) - United Airlines parent UAL Corp. (UAUA.O: Quote, Profile, Research) may not have made the first move in the long-anticipated consolidation in the U.S. airline industry, but it is likely to be a major player in the process.
"The industrial logic of mergers in the airline industry is so compelling," Jake Brace, UAL's chief financial officer, said at a Citigroup investor conference on Wednesday.
"We believe mergers in the airline industry have significant synergies, and we believe the industry needs to consolidate," Brace said.

The comments came after US Airways Group Inc. (LCC.N: Quote, Profile, Research) made an $8 billion offer for larger, bankrupt rival Delta Air Lines Inc. (DALRQ.PK: Quote, Profile, Research). The offer is expected to spur counter offers or new combinations, kicking off a consolidation race.
Analysts see United Airlines as the better partner and likeliest counter bidder for Delta, but the airline was coy about its plans.
"We're going to do what makes sense for our company, and we'll be interested to see what happens with US Air and Delta," UAL CFO Brace said.
United, which analysts say has routes that better complement Delta's than US Airways', is expected to act shortly.
"United is going to have to play its hand pretty quick," said Joe Schwieterman, a transportation expert at DePaul University. "We could even see a bidding war for Delta in the next few weeks."
The US Airways offer prompted a rally in airline stocks, with the Dow Jones U.S. airlines index <.DJUSAR> rising to its highest level in three years, as investors expected US Airways' offer to spark more merger activity in the sector.
"We would not be surprised if other offers emerge for Delta and that an industry trend in M&A starts," said Ray Neidl, an analyst with Calyon Securities.

 

[Flopgut]

Let's have a tea party! About time I think.....after what they did to the pensions.

 

[whymeworry?]

Everytime you hear so-called creditors whine about how they need to get paid first (often ahead of employees) remember they're the dumb********************s who invested/ credited the deal in the first place.

You mean to tell me Citigroup can't find better use of it's $7.5 billion than an airline investment? Come on. In 5 years when the new Delta stock is worthless, Citigroup, don't come crying to the courts for the employees to bail you out.

 

[SkiFishFly]

Would the name be DelTed?

Ted's Song

 

[Palomino]

Ted's Song

:laugh:

:beer:

WINNER, WINNER, CHICKEN DINNER!

 

[Ty Webb]

"The industrial logic of mergers in the airline industry is so compelling," Jake Brace, UAL's chief financial officer, said at a Citigroup investor conference on Wednesday.

"We believe mergers in the airline industry have significant synergies, and we believe the industry needs to consolidate," Brace said.

Translation---- "Get some more pig lipstick over here, stat!"

If you can't run it, sell it!


.

 

[737 Pylt]

Translation----
If you can't run it, sell it!


.

Ty:
Unfortunately, you're right!

737

 

[Contract]

uguys r funny....get a grip or get a job, either wa I dont give a damn. I stand on this fence defending the very thing you scoff at when your at your martinni parties. You need me. You want me to defend your party.

 

[757jetflier]

Where is everyone suddenly finding money to buy other carriers?

From the dough given up by the employees.

 

[Palomino]

ok...time out. step away from the computer and the bourbon

 

[AAflyer]

Really Bosley? Funny you call me a bigot when I point out that you don't live in an all white airline. Yet you call my airline "Yo Nited" Call me the N word, accuse me of being a woman, accuse me of being an intern and various other racialy spirited names. Where have I been a racist? I can surely point out many examples of your fine work.

Perhaps your lack of hair is causing the problem with understanding very simple things. But hope your website is working for you www.bosley.com

With all due respect MRFLYER, while Bosley' comments are not professional, if you ARE the original 32LT10 your behavior has something to be desired. You have cut down most everyone, including your Legacy brothers and sisters.

If you are truly the captain you say you are, stop, and take a look at what you post. Is this for entertainment, or is this the way you conduct yourslef on your aircraft?

You will be the bigger man if you stop now.

Regards,

AAflyer

 

[AAflyer]

AA:
Yes mryflyer is none other than 32LT10, who as we all know was banned for his bile he used to spew against LCC's. Its ashame he can't use that same bile towards his brother "Ted" pilots, I mean after all, they're LCC pilots as well.
And to answer your second part of your question, no he does not do this for entertainment, he truly hates minorities, and anyone who is not in his "class" of people. Just continue to read his posts, he can't stop, he just can't help himself. Imagine how pathetic his home life must be!

I understand Bosley, I have been in a couple pissing matches myself on here, I thought it was 32LT10. However he didn't single out just LCCs, he seemed to have a loathing for AA as well.

I guess all I can say is good luck. Thank you (SWA) for your continued professionalism with regards to Jump Seating.

regards,

AA

 

[FDJ2]

Where is the money coming from........its being borrowed.

Exactly. US isn't offering to buy DAL, a financial institution is willing to finance a merger and saddle the new enterprise with nearly $8B in debt.

 

[General Lee]

Exactly. US isn't offering to buy DAL, a financial institution is willing to finance a merger and saddle the new enterprise with nearly $8B in debt.

And be sure to tack on Delta's additional $9 billion in debt left over after BK, along with any new aircraft orders that could arise.....(adding more debt)

Bye Bye--General Lee

 

[Marko Ramius]

True

And be sure to tack on Delta's additional $9 billion in debt left over after BK, along with any new aircraft orders that could arise.....(adding more debt)

Bye Bye--General Lee

Ahh, ahh ahh, don't forget the debt from the UsAirways/AmWest entity as well! Of course these are all more reasons why the powers behind these deals keep pushing them through. These are the same people who send you mass credit card and refinancing offers everyday.