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Old Apr 26, 08, 12:56 am   #721
 
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Quote:
Originally Posted by Klm is Dead - Long Live KLM View Post
However, Schumer added, "Some of the other airlines that might merge worry me a great deal."

www.marketwatch.com

This could be good news for the longer term position of NWDL if they are allowed to merge but a later merger say between UACO would be blocked.
On the other hand, CO & UA are not wasting any time and expect to announce their deal (enabled by NW's announcement) as early as next week.

http://www.nytimes.com/2008/04/26/business/26air.html
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Old Apr 26, 08, 6:30 am   #722
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Here's the kind of award chart we can expect from Delta after a merger (or even before, in the case of DL members):

http://www.delta.com/skymiles/use_mi...eage/index.jsp

Notice how awards are listed as "starting at", the mention of how "travel to all destinations within region may not be available at minimum mileage rate", and the pricing for business class awards starting at 120,000 miles for US to Europe in business class.
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Old Apr 26, 08, 7:12 am   #723
 
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...and yet there are those that claim, not only on this forum but in newsletters, etc., that there is no panic about needing to use all miles ASAP?

Who needs cash surcharges when all award redemption levels are potentially elastic?

My NW miles are almost all completely spent I am happy to say.

Who would have thought that FB would turn out to be a better program than Delta's?
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Old Apr 26, 08, 9:53 am   #724
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... so true... I've got my WBC tix booked for next spring already... spending down my miles, getting awards confirmed... at least I'll have something tangible I can enjoy vs. "that award is not available, but it is for 240,000 miles"

Quote:
Originally Posted by Klm is Dead - Long Live KLM View Post
...Who would have thought that FB would turn out to be a better program than Delta's?
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Old Apr 26, 08, 12:57 pm   #725
 
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Very interesting article by an American Enterprise Institute analyst, posted April 25, suggesting DL/NW has all the makings of another HP/US operational Waterloo, only on a grander scale... not very encouraging...

http://www.american.com/archive/2008...08/delta-force
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Old Apr 26, 08, 2:40 pm   #726
 
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Question Effects of due diligence?

What does all the due diligence that must be underway do to confidentiality, trade secrets and competitive advantage with this circle---- that's happening? How does that work? Seems everyone must know every stripe in its competitors' underwear, even if a deal isn't done, when the music stops.
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Old Apr 26, 08, 6:00 pm   #727
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This says it all!

http://borgman.enquirer.com/Search.aspx?dt=2008/4/18
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Old Apr 26, 08, 9:29 pm   #728
 
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writing congress re: the merger

I was thinking of doing a weekend / weeknight project of writing a few congress people with concise one page snail mail letters regarding my feelings about the merger, but my question is: which people in Congress should I be writing to get the most impact? I think Sen. Charles Schumer (chair of Subcommittee on Antitrust, Competition Policy & Consumer Rights) is one good target, but who are other good people to write?

I reside in Nancy Pelosi's district, but I doubt she'll be motivated or interested in doing much unless anything comes up for debate in the full house.

p.s. my original idea was to put this comment into it's own thread (since other people might want to write letters as well); if the mods agree with me, feel free to split this out.

Last edited by slippahs; Apr 26, 08 at 10:12 pm. Reason: Discussion of moderator actions on thread is not allowed
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Old Apr 26, 08, 10:16 pm   #729
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Old Apr 26, 08, 10:17 pm   #730
 
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Quote:
Originally Posted by DJMeatBall View Post
...I think Sen. Charles Schumer (chair of Subcommittee on Antitrust, Competition Policy & Consumer Rights) is one good target, but who are other good people to write?

I reside in Nancy Pelosi's district, but I doubt she'll be motivated or interested in doing much unless anything comes up for debate in the full house...
Agree re Schumer. Disagree with what you say re Pelosi. While you might get a back bencher who can be interested only in milk policy, or oil, she's got to have her finger on the pulse of everything that's going on. It's the nature of the position. And write to Oberstar. He's obviously deeply involved in air transportation, and one of the principals in this action probably has a lot of, um, communication with him.
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Old Apr 27, 08, 1:32 am   #731
 
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Quote:
Originally Posted by Firewind View Post
What does all the due diligence that must be underway do to confidentiality, trade secrets and competitive advantage with this circle---- that's happening? How does that work? Seems everyone must know every stripe in its competitors' underwear, even if a deal isn't done, when the music stops.
I don't expect this to be a major issue. There are very few things that the compeitiors don't already know about each other. It's a very transparent industry. That's not too much that will be learned from each other.
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Old Apr 27, 08, 8:00 am   #732
 
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Quote:
Originally Posted by DJMeatBall View Post
I think Sen. Charles Schumer (chair of Subcommittee on Antitrust, Competition Policy & Consumer Rights) is one good target, but who are other good people to write?.
Any U.S. politician represents his/her constituency; in the case of New York this includes the Wall Street banks and hedge funds that have their hands in a lot of the Delta/NW financing.

The merged Delta/NW will be huge; maybe too big to fail and welll-positioned for taxpayer funded bailouts if needed.
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Old Apr 27, 08, 9:44 am   #733
 
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Red face

Quote:
Originally Posted by hazelrah View Post
...maybe too big to fail and welll-positioned for taxpayer funded bailouts if needed.
Or at least special consideration/allowances vis antitrust practices when it, too, starts to play the Chapter 11 game, a couple of years down the line.
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Old Apr 27, 08, 12:47 pm   #734
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Quote:
Originally Posted by GUWonder View Post
Here's the kind of award chart we can expect from Delta after a merger (or even before, in the case of DL members):

http://www.delta.com/skymiles/use_mi...eage/index.jsp

Notice how awards are listed as "starting at", the mention of how "travel to all destinations within region may not be available at minimum mileage rate", and the pricing for business class awards starting at 120,000 miles for US to Europe in business class.
There is an active thread on the DL board concerning this. New reward chart?
Needless to say, there are many who consider this a further devaluation of the SkyMiles program.
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Old Apr 27, 08, 1:59 pm   #735
 
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Quote:
Originally Posted by RSSrsvp View Post
There is an active thread on the DL board concerning this. New reward chart?
Needless to say, there are many who consider this a further devaluation of the SkyMiles program.
And there are others who have successfully booked 90k awards since this chart was published, and are level headed enough to realize that it is probably a clerical error.
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