Continental codeshare with Delta
#1
Original Poster
Join Date: Oct 2002
Posts: 32
Continental codeshare with Delta
If the codeshare aggreement gets approved for CO NWA and DL, do you suppose NWA will accept my miles if Continental is forced to liquidate all their assetts in their potential bankruptcy filing?
#2
Join Date: Mar 2001
Location: IAH
Programs: UA 1K/*G
Posts: 2,397
I think that we all know the answer to that question.
#3
Join Date: Sep 2001
Location: Mall of America, WorldGateway, and points between
Posts: 373
Where on earth have you heard about CO liquidating?
#4
Join Date: Jul 2002
Location: NY,NY USA
Posts: 266
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by bwi-ff:
If the codeshare aggreement gets approved for CO NWA and DL, do you suppose NWA will accept my miles if Continental is forced to liquidate all their assetts in their potential bankruptcy filing?</font>
If the codeshare aggreement gets approved for CO NWA and DL, do you suppose NWA will accept my miles if Continental is forced to liquidate all their assetts in their potential bankruptcy filing?</font>
#5




Join Date: Aug 2002
Location: NY
Posts: 7,582
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by PARSpro:
Where on earth have you heard about CO liquidating?</font>
Where on earth have you heard about CO liquidating?</font>
I wouldn't give too much credibility here. I bet he thinks if he repeats it enough, it becomes fact.
#6
Original Poster
Join Date: Oct 2002
Posts: 32
Untrue jerimyz. I have sold off ALL my continental stock. I only wish I had sold my UAL and MEH stock in time. Continental will crash hard. (stock)
Believe it!
Believe it!
#7
Join Date: Nov 2002
Location: San Antonio,TX CO Gold, Marriott Platinum
Posts: 20
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by bwi-ff:
Believe it!</font>
Believe it!</font>
#8




Join Date: Oct 2001
Location: DTW
Programs: Choice Plat, Marriott Lifetime Gold, National Exec Elite, Spirit Gold
Posts: 3,135
To answer the original question, unless NW is purchasing the assets of CO as part of the theoretical liquidation, then no.
IMO, this may be the time that flequent flyers get burned. Both UA and US are 50/50 on surviving Chapter 11. Who is going to buy the assets if the fail? Aside from the UA pacific ops and US east coast shuttle, what is there that can't be fixed by a surviving airline simply recalling laid off workers and pulling mothballed aircraft from the desert? What incentive is there to purchase the FF accounts? The accounts brought no revenue, and only bring a liability. Since airline competition will nearly cease to exist shortly (especially if the "Axis of Evil" alliance is approved), why give captive customers any incentive to try and fly for free?
[This message has been edited by duxfan (edited 12-20-2002).]
IMO, this may be the time that flequent flyers get burned. Both UA and US are 50/50 on surviving Chapter 11. Who is going to buy the assets if the fail? Aside from the UA pacific ops and US east coast shuttle, what is there that can't be fixed by a surviving airline simply recalling laid off workers and pulling mothballed aircraft from the desert? What incentive is there to purchase the FF accounts? The accounts brought no revenue, and only bring a liability. Since airline competition will nearly cease to exist shortly (especially if the "Axis of Evil" alliance is approved), why give captive customers any incentive to try and fly for free?
[This message has been edited by duxfan (edited 12-20-2002).]

