Northwest negotiating for its own purchase by American... the principle is conceded, only the price remains. In another thread, Randy asks if NWA is worth $100 a share. It's worth what AA will pay, and that probably will end up about $65-70. If it goes through, will it be good for frequent flyers ? I don't think so. I think this merger will join the United/US AIRWAYS and probably Delta and Continental. That will reduce competition, reduce options, reduce the relative importance of ff programs, and put the frequent flyer more and more at the mercy of the Three Great Big Airlines.

I hope- and I think it's likely- that the government will ask some tough questions and consider the implications of these mergers.

What you do think ?