PB737 From United States of America, joined Aug 1999, 21 posts, RR: 0 Posted (15 years 3 months 1 week 3 days 16 hours ago) and read 1883 times:
I am posting again in hopes of some different respones. My last
post on this topic ended up being a Boeing vs. Airbus discussion.
What I would like to know is are there any rumors or talks about
a possible TWA/Northwest merger? A recent post hinted at the
fact that we should look for more Northwest planes flying into
St.Louis. Is that because of a beef up of flights into STL or
because of a possible merger of the two airlines? Their fleets
seem to go together well.
Any info. or inside stuff someone may have heard???
**Please no more Boeing vs. Airbus discussions. They both
have very good planes**
KMSP From United States of America, joined Sep 2000, 10 posts, RR: 0
Reply 1, posted (15 years 2 months 4 days 13 hours ago) and read 1821 times:
Of the various discussion groups I am a member of, I have yet the hear any rumors or speculations on NWA/TWA mergers.
Here's my take on it though...
TWA is riddled with debt and their route system is less than desirable for NWA. I would be more inclined to think that NWA may have a trump card up their sleeve to assist in the liquidation of TWA's assets. TWA's new Boeing fleet could save NWA alot of money. Considering NWA's southern hub (MEM) is only 256nm south of TWA's STL hub and TWA's lingering presence in JFK is just across the river from CO's EWR hub (NW/CO alliance), there wouldn't be much use for TWA's domestic facilities.
Acvitale From United States of America, joined Aug 2001, 922 posts, RR: 10
Reply 2, posted (15 years 2 months 4 days 11 hours ago) and read 1804 times:
Always amazes me at how some can comment on something yet have absolutly NO CLUE!
TWA riddled with debt? Really, well for those who actually consult and know the facts....
TWA debt reduced over the last 5 years from 1.6 billion to around 600 million... At the same time paid off the pension funds and rejuivinated the fleet from the oldest fleet in domestic service to one of the youngest.
Comparisons to OALs debts
US Airways debts approx $4.7 billion
United airlines debts approx $7 billion
Hmmm.. Seems like the unintelligent ones love to spout the trash! TWA has little debt due to the poor operational profit numbers that resulted in losses. TWA has sold assets over the last 12 years to survive.
TWA finally posted operational profits last quarter and banked money (added 31 million in the bank). The had a loss overall but after use of NOLs had 31 million more cash on hand in the bank. (Around 250 million currently) This quarter is expected to be an operational profit as well.
I suggest more research before you spout your doom and gloom. Posting trash like that is the equivilant of securities fraud in the US!
Much has been said about TWA's imminent demise and much like what you claim it is overrated untrue and frankly delusions of grandiuer by those whom do not know, understand, or frankly have the education level necessary to read a financial statement.
Braniff727 From United States of America, joined Sep 2000, 686 posts, RR: 1
Reply 3, posted (15 years 2 months 3 days 8 hours ago) and read 1749 times:
Yes, while TWA has proven to be getting back on track, I agree with the previous statements, Northwest does not want to assume any more debt than they already have. They are trying to remain NWA and not part of another airline. AA and DL have expressed an interest in a merger, adding to their debt would make them more vulnerable due to the inability to pay debts off.
That coupled with the very undesireable route system makes TWA an unlikely carrier to merge with. As is, NWA has one of the best systems, when you consider KLM, AL and CO are all code share partners.