Originally Posted by
newyorkgeorge
Only with some divesting of routes could this deal even come close. In the end, I don't see what this would give DL if DL had to cede certain lucrative routes/markets to the lccs.
What huge markets does AA have that DL is only a bit player in.
MIA, DFW, ORD, obviously. A combined AA/DL at LAX would be big, but not dominant. The big problem would be NYC- you would probably see some slot divestitures at both LGA and, most especially, JFK (possibly a few at EWR, too).
Originally Posted by
panjabi
Time will tell, I suppose.. but my betting is on a joint infusion of capital by these two parties, with IAG taking a 24.9% stake and TPG taking the remaining 75.1% and IAG providing the leadership and direction
Which would get tied up in court in a nanosecond, and unlike Branson/VX, it would be very clear that IAG is holding the puppet strings.
You can't have non-US interests running a US airline (and Branson doesn't run VX, he's mostly on for marketing).