FlyerTalk Forums - View Single Post - Breaking News: UA and CO strike merger agreement
Old May 1, 2010 | 11:46 am
  #178  
Noctilux
 
Join Date: Jul 2001
Location: London, UK. AA EXP 5MM; Hyatt Diamond, SPG Ambassador Lifetime Platinum, Hertz PC
Posts: 254
Gordon Bethune's thoughts

Hi All;

I have known GB for a decade or so & he was in NYC last week, as was I & we ran into each other. I congratulated him on the upcoming merger, assuming that he still held CO shares which would now be worth more. He shook his head & said that he thought it was a bad idea; if I can remember the quote exactly it was "If you merge a big bad airline & a small good one, what you end up with is an even bigger bad airline".

He was still shaking his head at the thought of it as we parted.
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