US @ DEN
Dec 6, 03, 11:54 am
http://www.post-gazette.com/pg/03339/247529.stm
Mike Boyd, who heads the Colorado-based aviation consulting firm, The Boyd Group, said a full merger doesn't make sense, but that he could envision US Airways, through its major investor, the Retirement Systems of Alabama, attempting to cherry-pick some of United's assets, such as gates at Chicago's O'Hare airport or at Denver International Airport. It would give US Airways a gateway to destinations in the West, Boyd said. And such a move would give United, which is still in Chapter 11, the funding it needs to emerge from bankruptcy.
Mike Boyd, who heads the Colorado-based aviation consulting firm, The Boyd Group, said a full merger doesn't make sense, but that he could envision US Airways, through its major investor, the Retirement Systems of Alabama, attempting to cherry-pick some of United's assets, such as gates at Chicago's O'Hare airport or at Denver International Airport. It would give US Airways a gateway to destinations in the West, Boyd said. And such a move would give United, which is still in Chapter 11, the funding it needs to emerge from bankruptcy.