Justice Department Disapproves UA-CO Alliance
Jul 1, 2009, 2:51 pm
#16
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A major source of the misery at UA is on the cost side of the house, particularly with respect to labor. A straight buy-out wouldn't get rid of that; they'd need bankruptcy to kill all the contracts. And even still it would be a mess.
I honestly don't think that buying UAUA as is would be a good deal for anyone.
I honestly don't think that buying UAUA as is would be a good deal for anyone.
Jul 1, 2009, 5:30 pm
#17
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Jul 1, 2009, 5:44 pm
#18
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[QUOTE=rolov;11997601]CO will not be allowed to join *A so they will form their own alliance with
QR, EK, VS, EY and AR[/QUOTE
FI would be a nice partner to have also
They do not seem to partner with any other airlines
QR, EK, VS, EY and AR[/QUOTE
FI would be a nice partner to have also
They do not seem to partner with any other airlines
Jul 1, 2009, 8:16 pm
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Jul 1, 2009, 9:27 pm
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Jul 1, 2009, 11:21 pm
#21
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Jul 1, 2009, 11:30 pm
#22
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Mods - can we please change the title of this thread? What it says has not happened. The post just links to news that was published here a long time ago under the guise of a provocative and untrue title. Judging by the comments above, it has succeeded in provoking and will not lead anywhere worthwhile.
Jul 2, 2009, 1:06 am
#23
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I think that the Justice Department should play a vital role, and that it should now be closely looking at Delta, and giving 18 months notice to terminate the Delta immunity with Air France/KLM or face a lawsuit.
Jul 2, 2009, 7:20 am
#25
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Mods - can we please change the title of this thread? What it says has not happened. The post just links to news that was published here a long time ago under the guise of a provocative and untrue title. Judging by the comments above, it has succeeded in provoking and will not lead anywhere worthwhile.
Jul 3, 2009, 12:45 pm
#26
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Am I the only one who sees the irony in making a political comment, immediately followed by a reminder that political comments should be taken to OMNI?
Jul 3, 2009, 1:22 pm
#27
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The five years starts when CO actually joins Star, so it runs through at least October 2014, depending on when CO officially joins.
+1 wrt the commies in the DoJ, more pandering to the unions. At this point, either the airlines gain some pricing power or they're all going to be state wards anyways.
Jul 3, 2009, 1:31 pm
#28
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Is it an unreasonable assumption to think that US will or will not last another five years? The structure will be there but it will be under a different name. Someone will buy the debt, erase the name, and run that route network the way it should be run.
Jul 3, 2009, 2:08 pm
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Jul 3, 2009, 2:25 pm
#30
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Just my own speculation, but I think now that the libs are in charge, the only way UA and CO combine is if UA liquidates and CO wins an overly drawn out process to buy the distressed assets. More of the people's money will get spent to prop up UA before a merger or LBO goes thru...because Obama will see it as another chance to put a company into a union's hands.