Continental interested in merger with United Airlines
#76
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jetBlue has also been mostly profitable (although it is clearly not as big a player as WN) and, in 2009, AS, DL, FL, UA, and US all made a small profit.
The only carrier that registered a major net loss in 2009 was AA and CO's very small loss was essentially a break even.
The only carrier that registered a major net loss in 2009 was AA and CO's very small loss was essentially a break even.
For 2009, Delta lost $1.2 billion, including $169 million in special items; excluding special items, Delta lost $1.0 billion:
http://news.delta.com/index.php?s=43&item=872
In 2009, United lost $1.1 billion, excluding special items:
http://www.united.com/press/detail/0...1583-1,00.html
In 2009, US Airways lost $499 million, excluding special items:
http://phx.corporate-ir.net/phoenix....149&highlight=
In 2009, Continental lost $295 million, excluding special items:
http://phx.corporate-ir.net/phoenix....417&highlight=
Delta reported that it would have earned $291 million if it had excluded $1.4 billion in fuel hedge losses - losses suffered by UA and AA and not excluded by either.
CO's loss of $295 million (a little less than $1 million per day) was not exactly "essentially break even."
#77
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Beyond that, I wouldn't see the A350 order going anywhere if CO and UA merged, provided it met or exceeded the specs provided by Airbus. It offers significant upside compared to the 764s and 777s on many mission types, including runs to Europe and South America.
#78
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The A330 is very much a compelling competitor to the 764 and 777s (when used on TATL) - it'd be a great upgauge for flying to CO's heavier TATL routes, offering 777-like pax and volumteric cargo lift without the weight -- and cost -- of the 777.
Beyond that, I wouldn't see the A350 order going anywhere if CO and UA merged, provided it met or exceeded the specs provided by Airbus. It offers significant upside compared to the 777s (and even A330s) on many mission types, including runs to Europe and South America.
Beyond that, I wouldn't see the A350 order going anywhere if CO and UA merged, provided it met or exceeded the specs provided by Airbus. It offers significant upside compared to the 777s (and even A330s) on many mission types, including runs to Europe and South America.
Cargo:
764 - 129.6 m3
330 - 136.0 m3
Passengers (2 class):
764 - 304
330 -335
Range:
764 - 5,625 nm
330 - 5,650 nm
It barely nudges the 764, and the 350 is so far from production you can't even consider its specs as they're likely to change or the program scrapped altogether...the 787 will be flying around the world long before the first 350 gets its first coat of paint. Considering the pricing CO gets from Boeing, the tiny differences above do not compute.
Adding in the fact that Airbus is crap compared to Boeing, there is no reason for CO to consider the costs and complexities of adding Airbus to its fleet.
#79
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Please move this to the appropriate forum.
#80
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ahh the decent into . A little of the UA forum has come to us.
#81
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Oh, really? You mean no one could simply point out that the 5-year old merger between AW and US was carried out so poorly that the combined company is still just a holding company of 2 unmerged airlines and that throwing a third, huge airline into the mix will just result in even more problems?
a judge then again ruled in favor of the original agreement. it was appealed and then again ruled in favor of the original agreement. they just wont quit on the east.
the ruling is now in the hands of the appeals judge. she is taking her time in order to write a ruling that is ironclad and cannot be appealed again.
once this ruling comes down, the merger is complete and the crews and AC of both airlines can begin to comingle.
#82
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#83
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#84
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#85
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What does my dislike for Airbus have to do with blindly cheerleading for CO? I don't like Airbus regardless of what airline is using their crap planes. I do admire CO for remaining loyal to Boeing, however - and I'm sure that loyalty has been rewarded.
If you want to fly around in a plastic airplane run by computer systems constantly second-guessing pilots and having near-total control over all flight systems, be my guest. I've seen enough havoc caused by their equipment. Pilots fly airplanes, not computers.
#86
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Some Airbuses are still made primarily of aluminum, but this one is not.
That is a plastic airplane.
That is a plastic airplane.
#87
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and this may be the first flying forehead to take off on grass, http://www.youtube.com/watch?v=_YBZc...ayer_embedded#
But I don't know what it has to do with the subject at hand....
If CO management is running the place there will be Airbii around for a decade at least.
But I don't know what it has to do with the subject at hand....
If CO management is running the place there will be Airbii around for a decade at least.
#88
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Really? By what metric?
Cargo:
764 - 129.6 m3
330 - 136.0 m3
Passengers (2 class):
764 - 304
330 -335
Range:
764 - 5,625 nm
330 - 5,650 nm
It barely nudges the 764, and the 350 is so far from production you can't even consider its specs as they're likely to change or the program scrapped altogether...the 787 will be flying around the world long before the first 350 gets its first coat of paint. Considering the pricing CO gets from Boeing, the tiny differences above do not compute.
Adding in the fact that Airbus is crap compared to Boeing, there is no reason for CO to consider the costs and complexities of adding Airbus to its fleet.
Cargo:
764 - 129.6 m3
330 - 136.0 m3
Passengers (2 class):
764 - 304
330 -335
Range:
764 - 5,625 nm
330 - 5,650 nm
It barely nudges the 764, and the 350 is so far from production you can't even consider its specs as they're likely to change or the program scrapped altogether...the 787 will be flying around the world long before the first 350 gets its first coat of paint. Considering the pricing CO gets from Boeing, the tiny differences above do not compute.
Adding in the fact that Airbus is crap compared to Boeing, there is no reason for CO to consider the costs and complexities of adding Airbus to its fleet.
#89
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Revealing Reuters Story
Apologies if this has already been posted, but I found some of the content in this article alarming (bolding mine):
"Should Continental be left out of the fray, it might have to transform to remain competitive. The airline could grow organically, become a niche airline serving certain markets or even transform into a low-cost airline, some analysts said."
Obviously this would never happen on international routes, but we are already seeing a lot of unbundling on domestic flights.
In addition, there was this good nugget:
"Even though United and Continental ended merger talks in 2008, their pilot groups talk up two to three times a week and have continued to discuss the possibility of a merger, said Capt. Jay Pierce, head of Continental's pilot union."
More after the jump:
http://www.reuters.com/article/idUSTRE63903J20100410
"Should Continental be left out of the fray, it might have to transform to remain competitive. The airline could grow organically, become a niche airline serving certain markets or even transform into a low-cost airline, some analysts said."
Obviously this would never happen on international routes, but we are already seeing a lot of unbundling on domestic flights.
In addition, there was this good nugget:
"Even though United and Continental ended merger talks in 2008, their pilot groups talk up two to three times a week and have continued to discuss the possibility of a merger, said Capt. Jay Pierce, head of Continental's pilot union."
More after the jump:
http://www.reuters.com/article/idUSTRE63903J20100410
#90
Join Date: Dec 2004
Posts: 2,034
In case anyone hasn't seen this from yesterday.
Continental expected to make United bid
http://www.philly.com/inquirer/busin...html?viewAll=y
Continental expected to make United bid
http://www.philly.com/inquirer/busin...html?viewAll=y