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Delta May Start Merger Mania  
User currently offlineAlitalia744 From United States of America, joined Mar 2000, 4731 posts, RR: 45
Posted (6 years 5 months 1 week 14 hours ago) and read 13535 times:

Thought it was about time for our weekly US aviation industry merger discussion....

http://www.thestreet.com/_yahoo/news...cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA


Some see lines, others see between the lines.
89 replies: All unread, showing first 25:
 
User currently offlineEtops1 From United States of America, joined Nov 2005, 1038 posts, RR: 1
Reply 1, posted (6 years 5 months 1 week 14 hours ago) and read 13450 times:

it sounds more like usairways will start another merger .

User currently offlineCentrair From Japan, joined Jan 2005, 3598 posts, RR: 21
Reply 2, posted (6 years 5 months 1 week 14 hours ago) and read 13398 times:

Can some one post the profits of the legacies and a few LCCs in order of largest to smallest?

It seems that money is the big deal here and not so much fleets, routes, and hubs.

Quote:
one can either say that consolidation would benefit the industry, the shareholders and the employees, or make the argument that airline industry mergers have generally been failures -- producing headaches but little value.

I agree with the later. I think, and have said it several times, the traditional merger is not worth it anymore unless it is a big fish eating a small fish. Did AA/TWA really benefit the company? NW/Republic back in the 1980s led to BK, didn't it?

I was reading the article and thinking about NW. We all like to talk about DL/NW merger but would it be practical?

NW buys a lot of stock in other companies or makes agreements with name exclusivity
- Golden stock in CO (a very successful airline right now)
- 40% in Midwest (a popular carrier)
- 3 airline subsidiaries that can be borrowed against each other (keeps things liquid)
- 1 Travel agency that lets them bring in other revenue
- 5th freedom rights from Japan...no NW name...no rights.

I see other carriers doing this kind of diverse investing.

As I wrote before it is time for a company in the US to instead of merging carriers, create a managment group that holds multiple subsidiaries ala Swire. The traditional merger is just not economical and is rather dumb in my opinion.
There needs to be diverse companies where the long-haul is divided into high product and medium product while the domestic is one more product. Then merge ground, mech and catering into a subsidiary that can vouch for other contracts while still maintaining a core contract with the parent airlines.

Maybe TPG is looking to do this type of stuff. Anyone notice they are working with BA to buy IB and worked with NW to get 40% of Midwest?



Yes...I am not a KIX fan. Let's Japanese Aviation!
User currently offlineFlydl2atl From United States of America, joined Aug 2005, 119 posts, RR: 0
Reply 3, posted (6 years 5 months 1 week 14 hours ago) and read 13409 times:



Quoting Alitalia744 (Thread starter):
Thought it was about time for our weekly US aviation industry merger discussion...

Alitalia744,

Who do you think would make the best merger partner for Delta?


User currently offlineEvan767 From United States of America, joined Aug 2005, 2957 posts, RR: 2
Reply 4, posted (6 years 5 months 1 week 14 hours ago) and read 13317 times:

Seems like this merge mania BS all started when Anderson stepped in.


The proper term is "on final" not "on finals" bud...
User currently offlineAirstud From United States of America, joined Nov 2000, 2557 posts, RR: 1
Reply 5, posted (6 years 5 months 1 week 14 hours ago) and read 13296 times:

What people are not expressing proper concern for is the fact that when a merger occurs, one airline's corporate identity goes away, which means fewer airline paint schemes plying our airways.

On these grounds, future mergers are hereby disallowed.



Pancakes are delicious.
User currently offlineCentrair From Japan, joined Jan 2005, 3598 posts, RR: 21
Reply 6, posted (6 years 5 months 1 week 14 hours ago) and read 13241 times:



Quoting Evan767 (Reply 4):
Seems like this merge mania BS all started when Anderson stepped in.

I think it started with Parker when US was bidding for DL. He was blabbing a lot about merger. There were a few consultants out there saying the same thing. Tilton has been saying it for a while as well. The DL/NW merger ideas have been around for longer than Anderson has been at DL. But when he took over the reigns, the news got hotter especially because he was NW's old CEO. (its the love story of the century, Man in relationship; leaves and disappears from the view, and shows up at another relationship, but everyone still thinks his heart is with the previous. Its Days of Our Lives the Aviation version.)



Yes...I am not a KIX fan. Let's Japanese Aviation!
User currently offlineSPREE34 From United States of America, joined Jun 2004, 2195 posts, RR: 9
Reply 7, posted (6 years 5 months 1 week 14 hours ago) and read 13243 times:



Quoting Etops1 (Reply 1):
it sounds more like usairways will start another merger .

Their present labor situation would ensure failure of any merger attempt.



I don't understand everything I don't know about this.
User currently onlineUSAirALB From United States of America, joined Sep 2007, 2975 posts, RR: 2
Reply 8, posted (6 years 5 months 1 week 13 hours ago) and read 13184 times:

I think DL should go with CO.

Think about it

Both have 767,757,737,777. CO did used to have MD80's so they probably could get pilots. It would be called CO because of the more worldwide known(CO is larger in asia) Would be largest carrier in Europe.

Hubs:EWR,ATL,IAH,CVG

2nd Hubs: JFK,CLE,SLC,GUM



E135/E140/E145/E70/E75/E90/CR2/CR7/717/732/733/734/735/73G/738/752/753/762/772/319/320/321/333
User currently offlineDL767captain From United States of America, joined Mar 2007, 2539 posts, RR: 0
Reply 9, posted (6 years 5 months 1 week 13 hours ago) and read 13122 times:

the easy way

* UA and DL would be great partners: however UA is a big star alliance member and Delta is a big skyteam member, Neither will want to leave their alliance, and both names are very strong making the choice of what name very difficult. DL gets Asia routes, UA already does pretty well in europe but would get more routes.

* NW and CO would be easy because of the fact that NW has the golden share in CO already, NW would get great europe routes and CO would get a massive Asian structure.

*AA is kind of left out there in this combination, maybe if they were last they would just take up US airways, they are both the odd couple out and since US is so small its not a great deal
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
The way i see it going.

* DL is a very strong name and needs someone with an asian route, NW fits the bill pretty well. NW gives DL asia routes and DL gives NW Europe routes. They are both in the same alliance and DL could really turn NW around. But fleet commanality is horrible and would be a nightmare to fix. If this was the combination NW would probably be forced to give up their golden share in CO (unless they do a big merge and roll in CO but i doubt they would allow that to happen) With NW being so tied to KLM and DL with a strong relationship with AF, and KLM becoming part of AF that would also help with inter-europe operations and make things even smoother.

* UA and CO, this would really be a great combination, Fleets work well, CO gets Asia and an even stronger Europe presence. CO would probably leave Skyteam and move to star. Their fleets compliment eachother except for the A320s but that is not really a big deal when almost all the other planes fit together.

* I could also see UA and US joining together but it wouldn't really make UA any stronger it would just get a little larger

* a NW and US merger would fit pretty well, both almost identical fleets and would be a smooth quick merger since US wants a merger.

AA is kind of the odd ball, i don't really know who they would go with, or if they even want to.


User currently offlineAirnerd From United States of America, joined Oct 2007, 250 posts, RR: 0
Reply 10, posted (6 years 5 months 1 week 13 hours ago) and read 13114 times:



Quoting USAirALB (Reply 8):
Hubs:EWR,ATL,IAH,CVG

2nd Hubs: JFK,CLE,SLC,GUM

Fleets seem compatible, but the hubs don't seem that great. Wouldn't the best mergers be between two airlines with strong coverage and hubs in different parts of the country? Like the situation with US and America West.

With US and DL, it seems unlikely you'd keep both EWR and JFK, both CLE and CVG... Also, SLC is the only western hub. Maybe that's fine, but it's in one of the smallest O&D cities in the west... Dunno.

How about AA and Alaska?


User currently offlineIflyatldl From United States of America, joined Nov 2003, 1936 posts, RR: 3
Reply 11, posted (6 years 5 months 1 week 13 hours ago) and read 13113 times:



Quoting USAirALB (Reply 8):
I think DL should go with CO.

Think about it

Both have 767,757,737,777. CO did used to have MD80's so they probably could get pilots. It would be called CO because of the more worldwide known(CO is larger in asia) Would be largest carrier in Europe.

Hubs:EWR,ATL,IAH,CVG

2nd Hubs: JFK,CLE,SLC,GUM

But you would have one hell of a monoply in NYC and other carriers would cry foul so fast it would make your head spin.  Wink



Ah, Summer, Fenway Park, Boston Red Sox and Beer.....
User currently offlineAirCop From , joined Dec 1969, posts, RR:
Reply 12, posted (6 years 5 months 1 week 13 hours ago) and read 13044 times:



Quoting Airnerd (Reply 10):

How about AA and Alaska?

Hell no, see AA and AirCal and Reno, no much left of either system, besides AA has proven that it doesn't understand the west coast culture.


User currently offlineBDL2STL2PVG From China, joined Jun 2006, 149 posts, RR: 0
Reply 13, posted (6 years 5 months 1 week 13 hours ago) and read 12972 times:



Quoting DL767captain (Reply 9):
a NW and US merger would fit pretty well, both almost identical fleets and would be a smooth quick merger since US wants a merger.

One could say that the current US merger has been neither quick nor smooth. With the two USs out there and the corresponding issues I think that a NW/US merger would be rife with issues. NW's labor is still an issue and the AW/US workforces haven't intergrated well. This could set the stage for something that could make the AA/TW post merger issues look easy.


User currently offlineEvan767 From United States of America, joined Aug 2005, 2957 posts, RR: 2
Reply 14, posted (6 years 5 months 1 week 13 hours ago) and read 12917 times:



Quoting USAirALB (Reply 8):
Both have 767,757,737,777. CO did used to have MD80's so they probably could get pilots. It would be called CO because of the more worldwide known(CO is larger in asia) Would be largest carrier in Europe.

Ah ah ah, let's not start a pissing match in here. Delta is a bigger carrier and serves the most destinations worldwide.

Quoting Centrair (Reply 6):
I think it started with Parker when US was bidding for DL. He was blabbing a lot about merger. There were a few consultants out there saying the same thing. Tilton has been saying it for a while as well. The DL/NW merger ideas have been around for longer than Anderson has been at DL. But when he took over the reigns, the news got hotter especially because he was NW's old CEO. (its the love story of the century, Man in relationship; leaves and disappears from the view, and shows up at another relationship, but everyone still thinks his heart is with the previous. Its Days of Our Lives the Aviation version.)

Sorry I meant specifically for Delta.



The proper term is "on final" not "on finals" bud...
User currently offlineCommavia From United States of America, joined Apr 2005, 11120 posts, RR: 62
Reply 15, posted (6 years 5 months 1 week 13 hours ago) and read 12916 times:

If AA is smart, I think they'll stay largely out of this round of consolidation, focus on getting their own ship back to profitably rather than diverting management attention to mergers, consolidation, etc.

And who knows? They might act as a DOJ wheel-greaser for some of other mergers, should they happen. If, for example, somebody has to give up slots/gates at LGA or DCA - the only two U.S. markets I think are worth AA's maybe fighting for - than AA could come in and buy up some assets at a good price.

As for Alaska, I think (hope) that AA has finally learned their lesson about the West Coast. On paper, an AA-AS merger makes great sense: their networks are almost perfectly complimentary, and their fleets are very compatible. However, major problems persist. First, Alaska's costs are way lower than AA's. This is what killed AA with the AirCal and Reno mergers - they assumed both times, wrongly, that while the costs of the operation would come up to AA levels, the yields would also rise to AA's wider network levels because of the combination of the intra-West Coast flying with AA's global network. Never happened, and AA was left holding the bag. In addition, Alaska derives a substantial amount of revenue from codeshares with just about everybody, being the codesharing whores they are. If AA were to buy Alaska, Delta/Northwest/Continental, etc. would probably ultimately drop their codeshares, furthering hurting revenue.

If AA and Alaska were to tie-up, I think the best solution would be not a full merger, but a much closer cooperation, a la NW/CO. Perhaps this could involve AMR buying Alaska Air Group, but keeping Alaska and Horizon as separate, but wholly-owned subsidiaries on separate operating certificates. (And, at the same time, of course, also keeping their lower cost bases.) AA/MQ and AS/QX could get ATI and basically combine their networks, airport ops, marketing, scheduling, pricing, etc. The AA unions, of course, would flip sh*t over this, though. Maybe AMR could agree to a deal that Alaska/Horizon flying would stay west of the Rockies, or not expand beyond the states that they already serve, etc. But I still don't think the unions would go for it, especially now.

But I'm just rambling and thinking out loud here. (Welcome to A.net.)

Should be interesting to watch...


User currently onlineLAXdude1023 From India, joined Sep 2006, 7320 posts, RR: 24
Reply 16, posted (6 years 5 months 1 week 13 hours ago) and read 12790 times:



Quoting Commavia (Reply 15):
If AA is smart, I think they'll stay largely out of this round of consolidation, focus on getting their own ship back to profitably rather than diverting management attention to mergers, consolidation, etc.

Agreed.

Quoting Evan767 (Reply 4):
Seems like this merge mania BS all started when Anderson stepped in.

Its seems so. My respect for DL's management team just went down the crapper. All of the talk about being a standalone carrier was crap. DL just wanted to be in control, but they seem to mind mergeing with anybody. If DL does merge with somebody, my money is on NW. I think US and UA might make another run at it too.



Stewed...Lewd...Crude...Irreverent...Belligerent
User currently offlineIflyatldl From United States of America, joined Nov 2003, 1936 posts, RR: 3
Reply 17, posted (6 years 5 months 1 week 12 hours ago) and read 12670 times:

Perhaps JetJack could put some light on this- at least for me. I have two neighbors who are NWA f/a's and one's an a.net member-both have a lot of tenure at NWA. They have both told me that a DL/NW merger was in the cards at some point down the line once both carriers exited BK. They say "it's not if but, when?" I'm personally not buying into that, but it's been mentioned to me on several ocassions. I'm hoping my a.net neighbor will see this thread and address it.


Ah, Summer, Fenway Park, Boston Red Sox and Beer.....
User currently offlineBoeing7E7 From , joined Dec 1969, posts, RR:
Reply 18, posted (6 years 5 months 1 week 12 hours ago) and read 12616 times:

Ah hell, lets just consolidate everyone:

Delta, you get Continental and Midwest
US Airways, you get Northwest, jetBlue and Frontier
American, you get Alaska and Hawaiian
SkyWest gets Comair
Republic gets Mesa
Virgin gets United, Spirit and Skybus
AirTran gets Sun Country and ATA
Southwest picks up all 737-700 metal that gets parked.

In 20 years...

DL and AA Merge
US and Virgin Merge
Southwest and AirTran Merge


5 years after that we all get taken at the wallet, if not sooner.

Quoting USAirALB (Reply 8):
2nd Hubs: JFK,CLE,SLC,GUM

With JFKs congestion issues, dump it and just run the shuttles.
]

[Edited 2007-11-13 18:44:26]

User currently offlineSTT757 From United States of America, joined Mar 2000, 16693 posts, RR: 51
Reply 19, posted (6 years 5 months 1 week 12 hours ago) and read 12473 times:

Of all the potential airline pairings the one that fits the best would be CO/AS. CO and AS's route networks overlap very little, AS gives CO a West Coast presence, a major hub in SEA and a near monopoly on a niche market in Alaska similar to CO's Micronesian network. CO has 25 firm and 35 options for 787s, combine that with AS's SEA hub and you have the recipe for a West Coast version of EWR albeit in a smaller market. AS also has respectable presences in PDX, SFO and LAX where opportunities to grow can be realized.

From the fleet point of view it does not get any closer than this:

AS:

737-400, 737-700, 737-800, 737-900, Q-400

CO:

737-300, 737-500, 737-700, 737-800, 737-900, 737-900ER, Q-400.

For pilot integration perhaps it could work out that AS pilots and FA's keep their seniority at West Coast bases, and CO pilots and FA's keep their seniority in CLE, EWR, IAH etc..

The positives are that it's a smaller, easier to digest merger between two similar cultures and great fleet commonality.

The negatives, no International save Mexico which CO has covered better than anyone.



Eastern Air lines flt # 701, EWR-MCO Boeing 757
User currently offlineSLCUT2777 From United States of America, joined Dec 2005, 3993 posts, RR: 11
Reply 20, posted (6 years 5 months 1 week 10 hours ago) and read 12218 times:



Quoting LAXdude1023 (Reply 16):
All of the talk about being a standalone carrier was crap.

They merely wanted to avoid putting their employees in the crapper along with the rest of the HP+US mess.

Quote:
In a dig at Delta's resistance to the US Airways takeover bid, Parker said everybody would be better off had the effort succeeded. "We offered $11 billion for a company now worth $7.5 billion. People are upset about it," he said. Also, the merger has reduced industry capacity by 4%.


Parker is just venting that his bid failed and now the stock of his company is only half of what it was a year ago when this ill advised bid was launched. Kudos to Gerry Grinstein and his management team for fighting this disaster off.

Quoting LAXdude1023 (Reply 16):
DL just wanted to be in control, but they seem to mind mergeing with anybody. If DL does merge with somebody, my money is on NW

 checkmark  Would DL then have the "Golden Share" NW now has with CO? Or would NW being acquired by DL nix that?



DELTA Air Lines; The Only Way To Fly from Salt Lake City; Let the Western Heritage always be with Delta!
User currently offlineDLPMMM From United States of America, joined Apr 2005, 3580 posts, RR: 10
Reply 21, posted (6 years 5 months 1 week 10 hours ago) and read 12202 times:



Quoting Centrair (Reply 2):
5th freedom rights from Japan...no NW name...no rights.

This statement is an often repeated urban (or aviation) myth. There is no such provision in the USA-Japan bi-lateral for NWA's rights to automatically repealed in the event of a merger.

Someone here on A.net actually posted a link to the bi-lateral as proof a few weeks ago.

I can't link the actual treaty, but here is a government paper that discusses the details.

http://hotdocs.usitc.gov/docs/pubs/i...rade_technology_review/PUB3271.pdf

There is nothing there to suggest that the NWA 5th freedom rights are abolished with any name or ownership change,


User currently offline727forever From United States of America, joined Jan 2006, 793 posts, RR: 5
Reply 22, posted (6 years 5 months 1 week 9 hours ago) and read 11503 times:

Here's my $.02.

Wouldn't DL want a merger that is going to compliment it's current game plan? I would.

Which airlines would compliment the plan? NW, UA, CO, AA, AS, HI, FL, B6, any others?

Would they merge with an airline outside of the SkyTeam? Complicated.

Which airlines would pose the least collateral damage? NW - great, they get Japan, but who wants their problems = not worth it. UA - great, amazing Pacific routes but the rest has been reduced to crap, not to mention the DOJ will have a few things to say about it. AA - OneWorld, I think not, again DOJ would not be happy. FL & B6 - too much anti competion with these, will be tough. AS - very expensive but would work quite well with the LAX expansion. HI - hmmm, get those 763's back plus Pacific expansion at rock bottom basement prices.

Discuss among yourselves. Could it just be talk to give the stock added value in the wake of $100/brl oil, guess we'll see soon enough.


727forever



727forever
User currently offlineCommavia From United States of America, joined Apr 2005, 11120 posts, RR: 62
Reply 23, posted (6 years 5 months 1 week 8 hours ago) and read 11414 times:



Quoting 727forever (Reply 22):
Which airlines would compliment the plan? NW, UA, CO, AA, AS, HI, FL, B6, any others?

To me, at least from a network perspective, the only airline that would really compliment DL's current strategic plan is NW since, they don't really overlap anywhere. Overnight, Delta would have the most "global" of all of the major U.S. airlines - leading position in Europe, strong position to Latin America, and strong/leading position to Asia. Plus, there domestic hubs don't overlap much - CVG would probably largely close in favor of DTW, MEM would no doubt go away in favor of nearby ATL, and then you'd be left with ATL, DTW, MSP, SLC, JFK, plus big operational centers in of course places like BOS, LAX, MCO, FLL, MKE, etc.

But, as you say, the synergy pretty much stops there. Their fleets are almost 100% incompatible, and the real killer could be their different labor forces: NW's being almost entirely union and Delta's being almost entirely non-union.

Quoting 727forever (Reply 22):
AA - OneWorld, I think not, again DOJ would not be happy

Not only would the DOJ definitely nix the nation's two largest legacy carriers merging, but if Delta want's to be the acquirer, there is no way AA would work. AA would never agree voluntarily to be bought by Delta or any other airline - it would have to be either a "merger of equals" or AA acquiring, as AMR is significantly larger, and worth significantly more, than Delta.


User currently offlineCALPSAFltSkeds From United States of America, joined Dec 2006, 2492 posts, RR: 9
Reply 24, posted (6 years 5 months 1 week 7 hours ago) and read 11077 times:

CO/UA might make a better merger for CO than CO/DL, except maybe for employee integration.

CO/UA would not have a hub problem except maybe CLE and ORD, whereas CO/DL would have ATL/IAH with some overlap and CVG/CLE and JFK/EWR with extensive duplication.

However, CO and DL could result in the merged carrier choosing CVG or CLE, international services concentration changes via ATL and IAH and basically pulling out of problematic JFK, and concentrating on increased more and larger aircraft out of EWR. At EWR larger aircraft could replace and consolidate RJs to reduce operations. Released aircraft could allow a western hub at LAX and service could expand to Asian and South Pac.. CO has LAX history and the merger carrier could take on UA and AS up and down the coast and add service to Mexico, where CO is already big.

If JFK were pulled to concentrate on EWR, then it's possible that BOS could be added as an international hub with many flights operating with 752 aircraft.

If CO and DL merged, whiel being weak in Asia, it would dominate TATL services and put a hurt on the other merger possibilities. NW/UA would create a northern airline with northern hubs of ORD, MSP and DTW and too much Asian service and too little European service (except for AMS). Who would AA or US end up with?


25 Post contains links DL Widget Head : http://www.tradingmarkets.com/.site/news/Stock%20News/805300/ "With the airline industry poised for a wave of consolidation, veteran Wall Street analy
26 UAL777UK : If UA get on the dance floor with anybody I think it will be CO, they would make a great fit IMHO. DL goes with NW, again a good fit. AA, will sit on
27 Post contains images TXKF2010 : I got the solution...three way mergers! AA/DL/CO - They all are rockin the boeing metal, completely (just get rid of the A300) 737s, 757s, 767s, 777s,
28 Davescj : The way I understand the NW/CO agreement, CO can't self itself w/o OK from NW, but could in fact by someone else without having to get the OK of NW (
29 OzarkD9S : All this legacy/legacy matchup speculation seems to ignore the recent events with NW/YX. NW has in a sense gotten the ball rolling by neutralizing the
30 Commavia : To be honest, I don't think AMR's present management is really all that enthusiastic about an all-out merger, every other airline CEO's enthusiasm on
31 Richierich : That's funny - and I know you are half kidding. What a lot of people fail to realize in here is that fleet alone is not a barrier for a merger. The r
32 OzarkD9S : As stated, just an example. The legacies can handle competing with each other, I was offering the scenario where they knock out some of the domestic
33 FlyPNS1 : I tend to agree with you. I think AA management is willing to pass on the merger mania and just use their cash to pick up some pieces here and there.
34 STT757 : Golden share goes away if NWA merges with anyone, or outsiders buyout NWA. The Golden Share is non transferable.
35 Gsosbee : Fleet commonality for a large carrier is a non-barrier to combination. In fact it creates competition between the aircraft makers. The acquired fleet
36 ThePinnacleKid : but one of the most respected... even with current issues... one has to admire a company that pulled off the huge downturn without doing the BK dance
37 Alitalia744 : All this talk about DL management turning their heads on the notion of consolidation and now talking out of both sides of their mouth... DL never said
38 Post contains images NW7E7 : ...and this is why we have delta, seeing as they change c/s every couple of years...
39 MSPDL : I would put money on a DL/NW merger or some kind of consolidation. I think we are going to see some of the biggest changes in more than 10 years. Peop
40 Avek00 : AA already did the merger dance back in 2001, and it nearly brought the airline to the brink of bankruptcy despite the relatively low purchase price
41 Avek00 : ...but at the end of the day, this would mean little. How does a bunch of TPACs ex-SFO or ex-ORD actually help the Delta brand, whose strength is lar
42 JFK787NYC : What is wrong with a CO/NW real merger? I do not understand why no one has said this before. Fleet will not be such a problem as both carriers will st
43 Post contains links UAL777UK : A hedge fund has come out today and wants to push for a DL/UA Merger! http://online.wsj.com/article/SB1195...6992875.html?mod=yahoo_hs&ru=yahoo
44 Avek00 : The fact that the carriers receive substantially all the benefit of a potential merger within their existing alliance relationship, with virtually no
45 CV880 : DL+UA=PA
46 Flydl2atl : All the rumors on this board plus what you read about in the news makes me believe that a DL + UA combination is almost inevitable. So is the name goi
47 EXAAUADL : Again: This is about making a few people rich at the expense of employees, passengers and airports. THERE DOESNT NEED TO BE ANY MERGERS..they never wo
48 DiscoverCSG : ...and don't forget they filed on the same day.
49 ScottB : Not only that, but he's made a dishonest comparison between the value of the US Airways offer for Delta in January with Delta's worth today. If one w
50 EXAAUADL : the smartest thing for AA to do is let their rivasls commit suicide and pick of the pieces here and there. AA's merger strategy was clear during UA/U
51 Bobnwa : I do not believe that is true. Also regarding the golden share not applying if CO buys someone in an all cash transaction. The Continental CFO Jeff M
52 Yellowtail : Could AF/KLM finance a DL/MW merger....is it allowable legally?
53 Post contains links STT757 : Different engines, CO ordered GE NWA ordered RR. That gives them nothing in Asia, where they are really weak. He said limited, limited in that they c
54 Bobnwa : I don't believe that is obvious to anyone working at Northwest. How is it obvious to you and not to them?
55 JTR : I just saw a report on CNBC about a rumor that DL and UA are talking, if a merger were to happen, the combined airline would keep the United name and
56 Post contains links Flydl2atl : It's official, UA and DL are in merger talks: http://biz.yahoo.com/ap/071114/delta_united.html?.v=3
57 Post contains links STT757 : Here's it from Gordon Bethune, who signed the agreement with NWA. http://blogs.usatoday.com/sky/2006/11/index.html
58 EXAAUADL : That wont go over well in ATL..also might induce FL to move their HDQ to ATL finally I'd say nearly all the DL mgmt employees will get the axe. The W
59 SESGDL : UA/DL is never going to be approved by the DOT. There's antitrust written all over it. The carrier would be simply too large. I can't stand these self
60 Post contains links Yellowtail : another release http://www.breitbart.com/article.php?id=D8STKQ3G0&show_article=1
61 Deltaflyertoo : Why not? They have virtually NO overlap.......
62 GeorgiaAME : Golden rule: Those who have the gold, rule. Antitrust doesn't mean a thing as long as you have political support. United if I'm not mistaken is a uni
63 Yellowtail : 2¢ on Friday Nov 16
64 Post contains links Blrsea : United, Delta discuss combining
65 EXAAUADL : Why would the unions want their futures to be decided by a wall street hedge fund who has no longer term interest in the surviving carrier.???? THe u
66 Goomba : I for the record hope this one goes through. This would be the best thing that could happen in the industry IMO. Best merger possibility that makes th
67 EXAAUADL : You think Pardus Capital Mgmt is doing this cuz it is good for the industry???? This merger will result in the total failure of both airlines......if
68 TOLtommy : That combo would have too much market share in NYC, and the maybe the entire eastern seaboard. Why buy something if the regulators are going to make
69 EXAAUADL : Why should there be any mergers?
70 Bobnwa : How do you know there hasn't been any interest sell it or solicitations. Does NWA have to have a press conference to announce every possibility. It h
71 Alitalia744 : Pardus is looking to make a quick buck. Long-term consolidation is necessary to create scale within an industry that is facing increasing costs (fuel.
72 EXAAUADL : youre the only a.netter besides myself who seems to get it...all the others are besides themselves with glee
73 Bucky707 : I will further add, since the AP article quoted un-named sources, I bet the info about merger talks came from someone at Pardus. The short term pop i
74 Post contains links ScottB : The actual terms of the "golden share" (technically, the single share of Series B Preferred Stock) were filed as part of the company's 2000 Annual Re
75 Alitalia744 : I don't think long-term consolidation is wrong, nor do I think a potential combination with United is wrong, but I think these things need to be more
76 SPREE34 : If the Ops center for the combined carrier is going to be in ATL, I'd think ATL has plenty to be happy about. More jobs in ATL. Why would AirTran mov
77 Avek00 : UA/DL won't be happening anytime soon, but even if it did (and it won't), it'd face smooth sailing through DOT and DOJ reivew. What must be remembere
78 ScottB : Actually, a combination like that would be problematic for a number of markets in the Mountain West where Delta and United (or their affiliates) are
79 EXAAUADL : 1. there wont be more jobs in ATL when all those white collar mgmt jobs are lost or move to ORD. Adding Ops doest offest the loss of all the jobs at
80 Bobnwa : I believe that to be true. Seems to bear out what I have saying and it is a CO document. Any comment from STT757?
81 Delta767300ER : LMAO. I am against mergers. It sounds like they are trying to create "Ameriflot" -Delta767300ER
82 ScottB : In any event, I suspect that NWA's motivation, in general, would be to protect its business and its relationship with CO and/or a possible successor,
83 Post contains images LawnDart : Good Lord... Pardus Capital Management owns barely 2.5% of Delta Air Lines...they took a risk in acquiring the stock, it hasn't done all that well lat
84 DLPMMM : Today both DL and UA made official announcements denying any merger talks have taken place or are being considered between the companies. From the wa
85 STT757 : You have been saying the opposite, in post #51 you state Quote: STT757 Bobnwa And for some reason your totaly ignoring the direct quote from Gordon B
86 JFK787NYC : That does not mean anything the engines are interchangable on the 787
87 STT757 : I think they dropped that feature in the design process.
88 Bobnwa : And you are ignoring the filing that CO made with its annual report. Didn't they check with Bethune before the filing, or was that filing a mistake,
89 STT757 : Which necessitates the involvement of an outside investor group (TPG), CO wants to avoid that but will go down that road if forced.
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