US Airways Dividend Miles (Pre-FlightFund Merger) - Randy feels the US/UA merger is a dead duck




ozstamps
Apr 12, 01, 11:35 pm
On UA post-chat unofficial chat last night Randy candidly said he felt you could "stick a fork into the merger idea" was his term as I recall. There will be a transcript of this in the next days, covering the "post-chat" as well and this comment should be included for those interested to read the exact wording.

http://www.flyertalk.com/forum/Forum50/HTML/005768.html

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~ Glen ~

[This message has been edited by ozstamps (edited 04-14-2001).]


pitflyer
Apr 14, 01, 2:05 pm
Yeah, but Randy also said this deal would be a godsend for US fliers, which it isn't. So I'll wait till the proverbial fat lady sings till I count my blessings.

biggs
Apr 16, 01, 7:19 am
I read in Forbes while on a late and delayed US flight out of PHL last night, that the deal is dead. It was the April 16 issue. Apparently the deal that AA would have to give up the Shuttle for free if AA got too big raised the eyebrows of DOJ, and for the deal in general-it was stated that it does not pass the laugh test with the monopoly concentration on the East Coast. It said the big winner was AA with the takeover of TWA.


ozstamps
Apr 16, 01, 6:17 pm
For those interested, the full transcript of the chat is now posted at:

www.flyertalk.com/transcripts/041201.html#randy (http://www.flyertalk.com/transcripts/041201.html#randy)


Beckles

Randy, what do you think the chances of the UA/US merger are at this point?

Randy Petersen

With apologies to Robert and Jim .......... stick a fork in it. I really can't see it happening. In reality while Steve Wolfman tried to screw up that airline to get the pity necessary to sell it, it's actually still in pretty good shape. Besides, if they really thought it was a done deal, we would have all gotten the kiss off notice about Delta and that alliance with United by now......



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~ Glen ~



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