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USAir May Drop Delta Deal!  
User currently offlineAA787823 From , joined Dec 1969, posts, RR:
Posted (7 years 10 months 3 weeks 6 hours ago) and read 12560 times:

Basically if DL cannot be persuaded to "Jump on" the deal is dead.

http://www.usatoday.com/money/biztra...2006-12-05-usair-doug-parker_x.htm

146 replies: All unread, showing first 25:
 
User currently offlineN766UA From United States of America, joined Jul 1999, 8309 posts, RR: 23
Reply 1, posted (7 years 10 months 3 weeks 6 hours ago) and read 12508 times:

Good for them. You shouldn't force an unwilling participant into a merger through legal means.


This Website Censors Me
User currently offlineEWRCabincrew From United States of America, joined May 2006, 5527 posts, RR: 56
Reply 2, posted (7 years 10 months 3 weeks 6 hours ago) and read 12506 times:

Then what is the point of a 'hostile' take over?


You can't cure stupid
User currently offlineRL757PVD From United States of America, joined Dec 1999, 4693 posts, RR: 11
Reply 3, posted (7 years 10 months 3 weeks 6 hours ago) and read 12509 times:

I honestly, think that was the plan all allong.... I think Usairways plan was to shake things up and hope to get the merger game started. It will be interesting to see if they continue to persue another merger... *cough* NW *cough*


Experience is what you get when what you thought would work out didn't!
User currently offlineCactus742 From United States of America, joined Nov 2006, 240 posts, RR: 0
Reply 4, posted (7 years 10 months 3 weeks 6 hours ago) and read 12435 times:

Not surprising. DL is not the carcass of an airline that US was. US would have died had HP not bought it and its employees would have been out of jobs. DL is not at that point yet. Neither management nor the front line employees would be willing participants in a merger with US right now and that would probably contribute to a very rocky merger.


Do not take life too seriously. You will never get out of it alive.
User currently offlineLuv2fly From United States of America, joined May 2003, 12119 posts, RR: 49
Reply 5, posted (7 years 10 months 3 weeks 6 hours ago) and read 12433 times:
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I really think that US should get its house in order before going after another one.


You can cut the irony with a knife
User currently offlineN328KF From United States of America, joined May 2004, 6491 posts, RR: 3
Reply 6, posted (7 years 10 months 3 weeks 6 hours ago) and read 12434 times:

Quoting N766UA (Reply 1):
Good for them. You shouldn't force an unwilling participant into a merger through legal means.

That is not a universal truism. If you did that, then you are basically allowing shareholders to surrender complete control to management.

In cases where management may not be acting in the best interest of the shareholders, a hostile takeover allows a suitor to go bypass intransigent management. In this case, the shareholders get the option to choose the option that may be best for them, rather than letting management do it.



When they call the roll in the Senate, the Senators do not know whether to answer 'Present' or 'Not guilty.' T.Roosevelt
User currently offlineCOERJ145 From United States of America, joined Jun 2005, 1421 posts, RR: 1
Reply 7, posted (7 years 10 months 3 weeks 5 hours ago) and read 12276 times:

Well, if the US-DL deal dies(which I hope it does), I wonder if Parker will go on a crusade for NW?  scratchchin 

User currently offlineBucky707 From United States of America, joined Aug 2000, 1028 posts, RR: 3
Reply 8, posted (7 years 10 months 3 weeks 5 hours ago) and read 12170 times:

Quoting N328KF (Reply 6):
In cases where management may not be acting in the best interest of the shareholders, a hostile takeover allows a suitor to go bypass intransigent management.

which really shows how messed up corporate governance is today. In theory, management works for the BOD and the BOD works for the shareholders. Anymore though, the BOD and management are often in bed together and do what they want, despite what is best for the shareholders.

In terms of the USAir/Delta deal, I think Parker knew it was a longshot from the start. He threw up a hail mary pass hoping someone would catch it. But it's not going to happen.


User currently offlineRL757PVD From United States of America, joined Dec 1999, 4693 posts, RR: 11
Reply 9, posted (7 years 10 months 3 weeks 5 hours ago) and read 12163 times:

Quoting COERJ145 (Reply 7):
Well, if the US-DL deal dies(which I hope it does), I wonder if Parker will go on a crusade for NW?

I hope so..NW offers US:
Mid america hub (MSP)
Mid Amerca focus city (MEM) (assumed downgrade)
A319/320s
757s
A330s
Strong complementary Intl Newwork
Contract workforce at most stations (easier integration)

Most importantly.. employees that arent crazy about their current management, and would probably be ALOT more receptive!

US-NW might make the most sense of any combination out there right now



Experience is what you get when what you thought would work out didn't!
User currently offlineTL8490 From United States of America, joined Sep 2005, 161 posts, RR: 0
Reply 10, posted (7 years 10 months 3 weeks 5 hours ago) and read 12141 times:

The only other option for US is now NW...this could get interesting..


In the end this could push DL and NW together....


User currently offlineDAL767400ER From , joined Dec 1969, posts, RR:
Reply 11, posted (7 years 10 months 3 weeks 5 hours ago) and read 12040 times:

Quoting Luv2fly (Reply 5):
I really think that US should get its house in order before going after another one.

 checkmark 

Quoting TL8490 (Reply 10):
In the end this could push DL and NW together....

Well, such a merger has been speculated for quite some time as is, given that in this case the networks would actually complement each other. Though I still hope DL goes at it alone for the foreseeable future.


User currently offlineJimyvr From , joined Dec 1969, posts, RR:
Reply 12, posted (7 years 10 months 3 weeks 4 hours ago) and read 12003 times:

It's just a symbolic move to test the market and the industry how well they can accept consolidation in the US.

User currently offlineIncitatus From Brazil, joined Feb 2005, 4030 posts, RR: 13
Reply 13, posted (7 years 10 months 3 weeks 4 hours ago) and read 12002 times:

Quoting Bucky707 (Reply 8):
Anymore though, the BOD and management are often in bed together and do what they want, despite what is best for the shareholders.

That's the beauty of this takeover: Shareholders' revenge.



Stop pop up ads
User currently offlineMalaysia From United States of America, joined Nov 1999, 3359 posts, RR: 0
Reply 14, posted (7 years 10 months 3 weeks 4 hours ago) and read 11858 times:

I want US and NW cause I want to see a US Airways A330 in BKK

Would be even better if they could merge sooner, so the remaining painted HP 757-200s could be flying out of NRT Big grin

[Edited 2006-12-06 18:01:18]


There Are Those Who Believe That There May Yet Be Other Airlines Who Even Now Fight To Survive Beyond The Heavens
User currently offlineSupa7E7 From , joined Dec 1969, posts, RR:
Reply 15, posted (7 years 10 months 3 weeks 4 hours ago) and read 11857 times:

The real story went on (or may be continuing) in the dark rooms of Wall St.

Delta's creditors hold the power. ALPA has come out against. The majority have been publicly silent.

If the really powerful creditors came out in favor of Mr. Parker, DL management would have no way to avoid this. It is too bad because the only really neutral parties -- the creditors -- have stayed quiet with their own analysis.

Doug says the merger would be good -- and he is biased. DL says it would be bad -- and they are incredibly biased too! Not only out of personal pride, but DL managers would lose their jobs. So the public airwaves have been filled with PR, not fair analysis.

Maybe the creditors have quietly phoned Delta and said they will stick with DL for now. In which case DL can confidently hold strong. Or, maybe US has another higher offer up their sleeve. After all, they predicted UA would bid against them, and that did not happen. So there's more money available to US to raise the bid, probably.


User currently offlineTropicBird From United States of America, joined May 2005, 502 posts, RR: 0
Reply 16, posted (7 years 10 months 3 weeks 4 hours ago) and read 11806 times:

Don't forget UAL/US as another possibility. Unlike DL and NW, UAL wants to merge with someone.

User currently offlineRevelation From United States of America, joined Feb 2005, 12717 posts, RR: 25
Reply 17, posted (7 years 10 months 3 weeks 4 hours ago) and read 11807 times:

Looks like Doug Parker blinked first...


Inspiration, move me brightly!
User currently offlineKiramakora From Argentina, joined Aug 2006, 549 posts, RR: 0
Reply 18, posted (7 years 10 months 3 weeks 4 hours ago) and read 11791 times:

Thank God. Or, in my case ... thank Gods.

User currently offlineSsides From United States of America, joined Feb 2001, 4059 posts, RR: 21
Reply 19, posted (7 years 10 months 3 weeks 4 hours ago) and read 11746 times:

Quoting N766UA (Reply 1):
You shouldn't force an unwilling participant into a merger through legal means.

Just because Delta's management was against the deal doesn't mean the entity is "unwilling." Delta couldn't pay its bills, meaning its creditors were really running the show with respect to big decisions like this.



"Lose" is not spelled with two o's!!!!
User currently offlineThePalauan From Guam, joined Oct 2006, 264 posts, RR: 0
Reply 20, posted (7 years 10 months 3 weeks 4 hours ago) and read 11744 times:

If you have to ask someone to dance so many times and be rejected every time, you probably should just move on.

Delta reminds me of the one chick I wanted to dance with at prom: a cold shoulder.  crying  U.S. Airways should take after me and just give up after the 148,239,570,981,469,298,629,042nd time.  banghead 



You can take the boy out of the island, but not the island out of the boy!
User currently offlineBlackbird From , joined Dec 1969, posts, RR:
Reply 21, posted (7 years 10 months 3 weeks 4 hours ago) and read 11727 times:

If NW and Delta merged, who would be on top?

And would it be a meatgrinder like AA and TWA with the TWA guys getting royally screwed?


User currently offlineHAL From United States of America, joined Jan 2002, 2565 posts, RR: 53
Reply 22, posted (7 years 10 months 3 weeks 4 hours ago) and read 11670 times:

Quoting Blackbird (Reply 21):
If NW and Delta merged, who would be on top?

And would it be a meatgrinder like AA and TWA with the TWA guys getting royally screwed?

No, it wouldn't be another AA/TWA. Those two airlines were different unions, and NW and Delta are the same. I'm sure there would be some give/take in the merger of seniority lists, but it wouldn't be a 'staple job' like AA did to TWA.

HAL



One smooth landing is skill. Two in a row is luck. Three in a row and someone is lying.
User currently offlinePanamair From United States of America, joined Oct 2001, 4927 posts, RR: 25
Reply 23, posted (7 years 10 months 3 weeks 4 hours ago) and read 11627 times:
Support Airliners.net - become a First Class Member!

Quoting TropicBird (Reply 16):
Don't forget UAL/US as another possibility

That would be an expensive proposition since neither is in Ch.11 anymore. DL was/is an attractive candidate to Parker and Tilton because it is still in Ch.11. Once DL leaves Ch.11, Parker wouldn't be half as interested because much of his $1.65 billion in savings/synergies would be difficult to achieve.


User currently offline4everRC From United States of America, joined Jul 2003, 325 posts, RR: 1
Reply 24, posted (7 years 10 months 3 weeks 3 hours ago) and read 11462 times:

Quoting Malaysia (Reply 14):
I want US and NW cause I want to see a US Airways A330 in BKK

Don't hold your breath. I've supported Big Red for a long time, but I see a US/NW merger as a good thing. That said, and as in the US/DL deal, IMHO the NW name will be retained because of brand recognition.

Anyone with photoshop wanna speculate on a NW/US livery?



Nobody served our republic like Republic!
25 Jmc1975 : Not so sure about that. Northwest doesn't have the brand recognition or the association with excellence as Delta does. US Airways is by far a more ge
26 Post contains images A330323X : How do you figure that NW and DL have the same unions? There are other employee groups other than the pilots, you know.
27 Codeshare : Well, they just barely ended the US Airways/America West deal so IMHO going into another M&A is too early. They should sort it out first see how it's
28 N328KF : At DL, only the pilots are unionized.
29 PHLBOS : A possibility that was rightfully shot down by the DOJ several years ago and that was, of course, with the old (pre-HP merger) US. Due to its much la
30 A330323X : That's exactly my point. How are non-unionized groups at DL "the same" as NW groups represented by AFA, IAM, AMFA, et al?
31 Pope : Wait wait wait. A company exists for the benefit of its owners the shareholders. It does not exist for its own good. Therefore if DL's shareholder (o
32 SLCUT2777 : Given the large western presence of the old HP flag, there would be some definite issues involved in such a plan. I honestly think given the route st
33 OA412 : NW may not have a reputation for excellence but, they have extremely strong name recognition, especially in Asia where NW has a very long history and
34 SHUPirate1 : You forgot about the dispatchers, who are also unionized.
35 LY777 : good news if they do not merge indeed
36 Post contains links ScottB : Well, this explains the news release that popped up today from US Airways: US Airways Provides Update On Next Steps for Proposed Merger With Delta Ess
37 Post contains images MCIGuy : Excellent! I'm not fond of hostile takeovers anyway. Besides, I really didn't want to stop flying DL forever.
38 Bucky707 : Roadblock for US Air By Ted Reed TheStreet.com Staff Reporter 12/6/2006 3:47 PM EST Pilots at Delta Air Lines (DALRQ - commentary - Cramer's Take) hav
39 Floridaflyboy : Thank you Doug for being man enough to call off this nightmare!
40 Panamair : The nightmare is not over yet - see the official US press release in Reply 36.
41 HAL : ...and it's employees! Employees have as much a stake - if not more - than any shareholder. That is a fact often forgotten in the pursuit of mere cap
42 Vega : I think you may be assuming too much too early. This entire theatrical episode will not come to a conclusion until DL submits their Restructuring Pla
43 USPIT10L : But unless they're also shareholders, they get no say in how their company is run. This deal was made to the Delta creditors, not the employees or ex
44 SLCUT2777 : Boeing, American Express, GE Capitol Finance as well as US Bankcorp all know this which is why they really don't want to commit to this despite all o
45 AirCanada014 : I do hope this plan fall through cause DL is not a good canidate to merge. I think US should be looking at better airline with damn good reputation, b
46 Freedom747 : Thought that US Airways wasn't gonna make it THIS far (2006). Thought they'd die off years ago. In my heart, I knew that any merger with the Big "D",
47 Post contains links Panamair : I've seen it mentioned in a couple of articles - one of which is linked below from the AJC: - it's the very last paragraph: http://www.ajc.com/busine
48 LAXdude1023 : Yes yes yes!!! This is what is forgotten way too much. A company is only as good as its employees. Statements like: dont take into consideration cons
49 Post contains links Vega : Kirby refutes USA Today: http://www.bizjournals.com/charlotte...006/12/04/daily29.html?jst=b_ln_hl[Edited 2006-12-06 23:47:09]
50 OttoPylit : Well, then its a good thing that Delta has AMEX and GE as two of their largest creditors. They would stand to lose a lot in the future if DL were to
51 LAXdude1023 : Using the US/HP merger and comparing it to the proposed DL/US merger is like comparing apples and oranges. They are very different airlines.
52 Jetdeltamsy : I think you are exactly correct. Delta employees have always earned more, been treated better and been more efficient that USAir and/or America West
53 SLCUT2777 : As another poster pointed out at the start of this thread; "DL isn't even half the carcase US was(on the brink of liquidation) prior to the HP merger
54 Post contains images DAL767400ER : Wow, I'm disappointed, it took you until reply 45 in a Delta-related thread to chime in and b!tch about how crAppy Delta is .
55 ScottB : The essential problem is that US Airways can't put together any reasonable alternative restructuring plan for Delta without access to the company's p
56 Supa7E7 : Vega, thank you for posting that. Looks like Doug Parker said a dumb thing Kirby is trying to redact. Very poor timing. Parker sounded anything but co
57 FCYTravis : Downgrade? Try complete dehubbing. MEM would be totally redundant in a US-NW merger.
58 USPIT10L : True, but in the event of a merger, the company's fate is not tied to everyday employees, but executives and shareholders. That's exactly what we hav
59 LAXdude1023 : Its comical that you think US has a better reputation than DL.
60 Gift4tbone : Please explain what you mean by a "lower tier company". I'm curious as to what attributes US holds that would imply this. I work for US, and honestly
61 Bucky707 : would you show your plans for the future to a competitor? Plans that they could then use for themselves? Information they could use against you? Unle
62 Gift4tbone : In a month those plans will be public, so I personally don't see the harm in showing them now. I think they hope by the time the do release the infor
63 Bucky707 : that's not quite true. The plan will be presented to the creditors. An overview will be released to the public, but not specifics. Plans like where t
64 Gift4tbone : So then pretty much as far as the entire thing is concerned the creditors will have the final say. Pretty much they will know the effect the US/DL pl
65 Richierich : I have wondered the same thing. Even if this merger fails, it has potentially set the ball rolling on future mergers between giants in this industry.
66 Post contains images ABQopsHP : Anyone got a Tylenol ?
67 Steeler83 : A bit of a modus tollens argument... If A then B, not A, so not B... If US can persuade DL to join them, then the deal works, but DL does not want to
68 Post contains links ChiGB1973 : http://charlotte.bizjournals.com/cha...te/stories/2006/12/04/daily29.html
69 Malexander131 : Personally, I think the entire US airline industry as a whole has a bad reputation, so I find it improper to say that any one airline is worse than an
70 WN230 : In the words of Larry the Cable guy, "You can't get me on a cheerleader at 5am!" Here's how it relates . . . US and the courts (cheerleader{people wh
71 Post contains images Steeler83 : I take it we're on the same wavelength
72 Boston92 : Well Said! It was 60-some replies ago, but the best one I read.
73 HighFlyer9790 : i would like to see DL make it out on their own. it would be good for them to show the market they can hold their own. plus, this would be the dreaded
74 Jetdude : Doug Parker has said may times that we are not and will not be interested in NW. They are already "bare bones" where there is not the extra "flab" to
75 Uncgso : the NW 753's would look sweet in the new US paint i think...
76 Floridaflyboy : Not so much. Actually, the employees have a significant amount of leverage in any company. The company's performance is directly tied to the performa
77 USPIT10L : Well said. That's about the best explanation in layman's terms that I have heard about this transaction on this board. You guys need to stop being so
78 Lufthansa : I'm sorry but you guys are mad! In the real world, people have to pay their bills, companies have to earn their keep, and if i give up my hard earned
79 CroCop : Who is to say US would retain the title? NWA has the Brand in Asia, so wouldn't that make sense? I am Furloughed from UAL and I wouldn't touch that j
80 SLCUT2777 : And the way Parker appears to be back-peddling now, he realizes this isn't the easy deal he advertised it to be. DL isn't the mess your beloved emplo
81 Post contains images Burnsie28 : That won't happen. They don't ALPA and DALPA. I'm just expanding on yours in more detail Lets talk about Asia, and Europe for that matter, other then
82 Midway2AirTran : Just ask anyone who has lost the value of their Delta stock.... Delta is a failure, its in bankruptcy for goodness sake!!! No matter what excuses are
83 Coa747 : People seem to have this merger proposal all backwards. Delta doesn't need US Airways, it is US Airways that needs Delta. US Airways wants to be a glo
84 Jmc1975 : They will if their creditors deem it necessary for US to purchase them in order to keep afloat.
85 Post contains images DALOCCDtyDrctr : Boeing -
86 PlanesNTrains : With all due respect, the past is the past - US could have gone through 3 or 4 bankruptcies, but it doesn't mean much now. The fact is that there is
87 PlanesNTrains : IMHO, Parker seems to be a very smart guy who got very lucky with the US deal. It's been said that HP was close to CH11 again, and if so, that this d
88 HAL : That has got to be one of the most confusing (and pointless) analogies I have ever seen posted here. The employees are the residents of the house, mu
89 Lufthansa : You may believe this, but property law doesn't agree with you. Yes an organisation needs good staff to help it run well, but, its still NOT their pro
90 RobertS975 : Of course, the current DL shareholders have essentially been wiped out in terms of value. And chances of them bettering their position are very slim.
91 Richierich : Can't this last sentence be said for just about every airline in the world? Its really the nature of this industry, not just in the USA. But what exa
92 Post contains images JetBlueGuy2006 : I thought HP bought US and they just retained US as the name? Maybe I am just confusing myself, finals are coming up.
93 Supa7E7 : US certainly does want Delta's international network. BUT... like some other airlines... US is a moneymaker and guess what, it will continue. US's E-
94 SLCUT2777 : The creditors are going to want substantially more than the $8-8.7 Billion being offered. This deal for DL is a day late and a few $$$ short. BINGO!!
95 Cubastar : And those creditors have infinitely more information, more knowledge of their involvement in this situation and much less drama than so many of the a
96 ScottB : Actually, what I think is going on here is that Parker saw the deal of the century if he could get the creditors to sign off on it. For $4 billion in
97 Panamair : While AMEX may support DL, they are not part of the Unsecured Creditors Committee; both AMEX and GE are secured creditors as they provided by the DIP
98 Cubastar : ABSOLUTELY!
99 SLCUT2777 : And the chips continue to fall against Doug Parker! It is quite a safe assumption that American Express is in line with Delta Management since the Sk
100 PlanesNTrains : What I heard was that America West was having financial problems - to the point of possibly heading for CH11 - and the deal with US gave them the fin
101 Pope : Last time I checked, being an employee didn't give you the right to dictate how a company was run. In a capitalist system, shareholders run (or are s
102 TVNWZ : And employees are compensated every payday. Your work, sweat and efforts are duly noted and paid for. Shareholders get their payday at some later tim
103 PlanesNTrains : I'm trying to imagine owning a business and having my employees tell me what to do. Oddly, in America, it seems we are sometimes headed in that direc
104 Post contains images SLCUT2777 : Getting all that money to finance this deal bailed him out of the troubles HP was in. By Parker's own past concessions he points that HP could have b
105 Post contains images PlanesNTrains : What do you base this on? And please, don't quote DL employees. . It's easy to disparage someone. Objectivity is the challenge. -Dave
106 LawnDart : In most cases, this is true. A quick glance of the list of unsecured creditors of Delta Air Lines shows the pilots (employees) to be among them. In a
107 Post contains images SLCUT2777 : Have you noticed his (Doug Parker's) most arrogant of egos? I think I'm being VERY objective when I describe this. Then to have the audacity to lie t
108 Post contains images OttoPylit : Being that you are a US employee, don't take this to be personal and think I am referring to you. Its not. Its in regards to your employer. Managemen
109 PlanenutzTB : This is great news if it's true. US Air needs to focus on keeping what they are flying now on time and not losing luggage. If you can't do a good job
110 Post contains images JamesJimlb : i would be GLAD if delta turned down the deal. i don't to see them with usair i would be mad if the made that deal.
111 Cschleic : But in mergers, management on the "losing" side always gets big bonuses for doing the deal. The decision makers aren't as opposed to losing their job
112 Bridogger6 : Actually US is number 2 in on time performance out of the majors, year to date, according to DOT statistics.
113 Post contains images Bohica : OH NO!!! If the merger is off, what will happen to the "Official US/DL merger" threads?????
114 Panamair : Here are some thoughts and 'what ifs' for those who support a merger to chew on: Let's say that the US-DL deal goes through and they become the larges
115 Bucky707 : I had not thought of that. Very good analysis. You just went on my respected users list.
116 Richierich : Hey, I call it as I see it. Nice to have you back after your hiatus.
117 Post contains links SLCUT2777 : DL CEO Jerry Grinstein eluded to that analogy in his recent interview with the Washington Post. http://www.sltrib.com/business/ci_4793682
118 Post contains images Panamair : Wow, thanks for the link! You mean I could be CEO material? ...no, more likely EIEIO material..
119 FlyPNS1 : Good point, but according to some DL cheerleaders, DL is already on the verge of becoming an Asian powerhouse. Some cheerleaders have already proclai
120 Pope : Individual unsecured creditors don't get squat to say in a bankruptcy proceeding. The committee of unsecured creditors has a fiduciary responsibility
121 LawnDart : In a sense...they do...as part of the official committee of unsecured creditors, the pilots do, in fact, influence the outcome of Delta Air Lines' re
122 Floridaflyboy : Yes, but if you fire them, then you have to hire new. During the mean time, you will lose a fortune, which will severely damage the new company, poss
123 PlanesNTrains : I get that impression sometimes as well. I know it's been tough for all airlines in the past five years, and I don't think poorly of Delta, but somet
124 PlanesNTrains : I get that impression sometimes as well. I know it's been tough for all airlines in the past five years, and I don't think poorly of Delta, but somet
125 Post contains links SLCUT2777 : Quoting LawnDart (Reply 121): Yesterday, a group of unofficial unsecured creditors was formed, including Lehman Brothers and Deutsche Bank, among othe
126 LawnDart : Another group weighing in on the US hostile takeover of DL...the USAirways ALPA pilots (both US and HP)! (Fair use excerpt)"Management cannot successf
127 VonRichtofen : I'd prefer to see US bid for NW and for the merged airlines to remain in STAR alliance. This would really strengthen STAR's market share on North Amer
128 SLCUT2777 : I think most respected users on this thread have felt the same way about HP/US and additional mergers. Parker and Kirby should think more about finis
129 JAL : I don't even think Delta was interested in the takeover deal from US Airways
130 77411 : True to a point but look on the other side, the people who are going to put up the 8+billion on the US side do not want the DL employees to be disgru
131 Post contains images PlanesNTrains : Nice how you categorize people as "respected" by whether they agree with your point of view or not. "Let's see, these are the people who agree with m
132 Steeler83 : And what makes you say that? I wonder if anyone was thinking the same thing when the US/HP was first thought of. The difference with that, however, w
133 Post contains images SLCUT2777 : BINGO!!! WN and B6 are licking their chops or are the vultures circling the carcass. At least that's what my friends at DL refer to him as: Satan!
134 PlanesNTrains : It seems an incredible waste to combine two such overlapping networks. It is pretty clear that by "synergies" they mean "cuts" - aircraft, routes, an
135 Post contains images Jmc1975 : I wonder if that even crossed their mind. Gosh! You know, maybe you should just be CEO because you have apparently thought it all out.
136 Flyorski : I doubt any merger from HP with DL will happen, because many large DL shareholders have stakes in DL surviving (like boeing, who would not want Airbus
137 Pope : There is a big difference between, "not being represented to their satisfaction," and a breach of fiduciary responsibility. The first one is not acti
138 LawnDart : Hey, I'm not the one muddling the definition:
139 Pope : Exactly. If they do something that only helps them while hurting other DL unsecured creditors, that's a breach of fiduciary responsibility. On the ot
140 Ckfred : My guess is that US/HP is finding that there is a lack of interest among DL's creditors, who could have pushed DL's managment to reconsider the merger
141 SonOfACaptain : And wait until DL or NW is out of bankruptcy? Parker doesn't merge airlines for pleasure, he merges because they help out his airline in the long run
142 SLCUT2777 : If that's how long it takes to get his own HP+US house in order; yes! To bring a second bigger merger participant into this mix at this point of the
143 Bobnwa : Exactly the opposite is being reported by the financial sector.
144 SLCUT2777 : NW has had many more labor issues (one reason Parker has refused to touch them many have said) but the financial sector looks at their Far Eastern ro
145 Vega : Your posts in this thread would make an excellent composite for great fiction.[Edited 2006-12-11 00:00:01]
146 Bobnwa : As I wrote before, the financial sector is saying NW is much farther ahead than DL to exit Chapter 11. It's possible they are wrong and you are right
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AA May Drop ZRH Flights posted Thu May 12 2005 07:53:33 by Padcrasher
EVA Air May Drop 772LR Orders For Other Variants posted Mon Feb 28 2005 11:12:57 by Leelaw
Union: Delta Deal Could Avert Bankruptcy posted Thu Oct 28 2004 03:34:28 by Jacobin777