Originally Posted by
jiburi
just as how Delta has stake at Virgin Atlantic and LATAM, and a few other carriers, I wish Alaska would be gutsy in buying a stake at a foreign airline like Condor.....
I know.... conservation of funds is pretty big right now.....
Jiburi
It’s pretty bad form to not only take a huge handout from Uncle Sugar and then spend it not to preserve jobs but buy a foreign airline, but to also slap BA, AA and IAG in the face as you’re entering their alliance by deciding to compete for US-EU pax. Which there aren’t a lot of right now.
I would probably say “chutzpah” and “reckless” more than “gutsy”- AS has no special expertise in the German tourist market that Condor specializes in. It sounds like one of those random Qatar or Etihad investments in various airlines... which also turned out to be only one step short of dousing money in Jet-A and setting it on fire.