Originally Posted by vincom
Can we get off this what airline is Gordon going to sign up with kick now?
Thanks...
-Vincent
Sorry, No!
My speculation is that DL will know within 90 days whether their new fare structere will stave off Ch. 11. I don't believe it will, and if DL goes Ch. 11 and can discharge a significant amount of debt, by the time they are ready to emerge, it will be after Gordo's 1 -year non-compete, and he will be brought in to oversee DL's emergence from Ch. 11 and give a good hard look at combining with CO.
He has said on numerous occasions that airline consolidation is inevitable - I beleive it is because he knows where DL and CO are going. You get labor costs down, reduce debt and a CO/DL combination makes a lot of sense.