US Airways from a financial perspective is pretty solid. Sadly IMO that's where the good news ends.
Actually Herb Kelleher in an interview described the problems that both AA and US would face during a merger.
According to Mr. Kelleher,
“You put your employees first. If you truly treat your employees with respect, they will treat your customers well, your customers will come back, and that’s what makes your shareholders happy. So there is no constituency at war with any other constituency. Ultimately, it’s shareholder value that you’re producing”.
Neither carrier has ever grasped this simple approach that has made WN wildly profitable. The Tempe Frat Boy Society (DP & Co.) has never met an employee or customer they gave a damn about and near as I can tell AA isn't much better.
US does a credible job delivering shareholder value. However they do it at the expense of employees and customers. This simple fact makes another smooth merger between two dinosaurs unlikely.
Last edited by Sparrow_Hawk; May 28, 2010 at 5:06 pm