Originally Posted by
kwflyer
I'm sure they're very shameful of having to address new competition in this domestic duopoly since now WS and ac have started to match. I'm not sure whose losing more sleep:
A) management over having to actually compete for once and step away from their complacent spreadsheets,
B) ac shareholders, who took a nice 5% nosedive today, on the stock.
Poor them.
My money is on everyone sleeping soundly tonight at AC and WS.
As for shareholders, I think some other big event may have happened, maybe in the UK. It may have impacted the the stock market in general. I hold no airline shares but saw some drops today myself across a broad spectrum of companies. Call me crazy but I don't think we can contribute the "nosedive" on AC stock today entirely to a new airline.