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So you're saying Chapt 11 soon or straight into a Chapt 7?
Over here at DAL they seem to think that the demise of UAL is immanent. Not sure where they are getting that info, but they are very confident in it.
I think they may actually be right this time.
I think Delta and NWA shed alot of jobs too....correct? About 4000? How is the alliance with CAL such a bad thing?
It's more like Continental joining STAR alliance which happens to have United in it. United is gaining almost nothing because it's not merging. It is bad because there is a likelyhood Continental positioned itself to gain at the expense of United. Furthermore, it's more important to note that Continental joining the alliance makes other strong partners more comfortable because now they have an insurance if United sinks even further below what they consider United as global partner representing North America. Just imagine in NRT with NWA/DAL and JAL/AA, then ANA without an alliance partner which they sign up for in STAR. At the same time, they (namely Lufthansa) gained access to NYC (Continental in EWR) and be able to compete with SkyTeam and DL/NW/AF/KL stuff for trans-atlantic. Gotta look at the big picture. It's a win-win for everybody except United.