Originally Posted by
GaryZ
While I agree with much of what you said, on this point, I would offer the following:
--no cash is needed
--it must be hard to have been #1 for so long and now be relegated to #3 (and perhaps less in the future)
--as Parker would say: "synergy" (there should be some at the management level, at least)
--US is expected to make money [at least this year], so it has real value
US may have real value as an independent airline, but at AA's payrates, US would lose hundreds of millions. AA's labor costs are about the highest in the industry. If US is profitable this year, it's only because of the poverty-level wages paid to its pilots and FAs.