Very interesting as if the DOT follows the Justice Department's opinion, Continental's planned departure from Skyteam could result in little, if any, benefit when it joins Star (if it does at all).
Location: A festering pit; a pustule of a fistula set athwart the miasmic swamps of the armpit of the Gulf of Mexico - a Godforsaken wart upon a dark crevasse of the World. (IAH)
Programs: UA 1K MMer, AS MVPG, HA Gold, SPG Plat, Hyatt ◇, IHG Ambassador, Nat'l Exec. Elite
Posts: 31,300
Quote:
Originally Posted by rolov
CO will not be allowed to join *A so they will form their own alliance with
QR, EK, VS, EY and AR
Add Pluna, MIAT Mongolian Airlines, and Ghana International Airlines to that mix, and you've got a winner.
Programs: UA GS/Avis President's/Hyatt Platinum/Marriott Gold/LH FT
Posts: 1,230
Quote:
Originally Posted by craz
or maybe UA *A can ditch US and bring CO on board instead
Legally I'm sure that'd be a cluster. Its too bad when AC helped bailed out CO many years ago they didn't force CO to join forces with them. Though I'm guessing *A didn't exist back then.
Programs: CO Platinum 1K, SPG Platinum, HH Gold, National Executive Elite, Platinum TSA Hater
Posts: 23,530
This does not affect CO joining *A - just restricts some of the 'synergies' they hoped to get from the arrangement. Certainly 'change we can believe in'
Something to consider - given UA's increasingly dire situation, this could be an appropriate moment for CO to join with a strong funding source (hedge fund, etc) to make a bid for UA and end its misery.
__________________ Rich and 50 is the same as middle-class and 30
Programs: Continental Onepass, Hilton, Marriott, USAir and now UA
Posts: 2,428
Quote:
Originally Posted by sbm12
It hasn't been fully disapproved, just limited a bit.
CO tried for the "world" literally and got slapped down to (they hope) the Atlantic. And until the DOT makes it's final ruling, they still may get the world. Stay tuned.
Something to consider - given UA's increasingly dire situation, this could be an appropriate moment for CO to join with a strong funding source (hedge fund, etc) to make a bid for UA and end its misery.
A major source of the misery at UA is on the cost side of the house, particularly with respect to labor. A straight buy-out wouldn't get rid of that; they'd need bankruptcy to kill all the contracts. And even still it would be a mess.
I honestly don't think that buying UAUA as is would be a good deal for anyone.
Very interesting as if the DOT follows the Justice Department's opinion, Continental's planned departure from Skyteam could result in little, if any, benefit when it joins Star (if it does at all).
Typical socialist behaviour by the DOJ - thanks to everyone who elected comrade Barry to the WH.
