cdfmxtech
Posts: 1319
Joined: Wed Jul 05, 2000 11:37 am

Continental_Northwest Settlement - For Or Against!

Tue Nov 07, 2000 3:35 pm

What do you think of the proposed Continental - Northwest Airlines settlement. Continental would essentially regain its independence, yet the carriers would retain their partnership. The threat of an NWA takeover would no longer be...
 
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iahcsr
Posts: 3572
Joined: Fri Jun 04, 1999 2:59 pm

RE: Continental_Northwest Settlement - For Or Against!

Tue Nov 07, 2000 3:39 pm

FOR !!!
Working very hard to Fly Right....
 
DCA-ROCguy
Posts: 3890
Joined: Fri Apr 21, 2000 5:03 am

RE: Continental_Northwest Settlement - For Or Against!

Tue Nov 07, 2000 3:42 pm

The settlement gets the job done. The settlement isn't ideal, I would have liked to see Northwest divest all Continental stock. But they divested enough to ensure Continental's independence, and to my surprise they quickly arrived at a split-the-difference figure on the share price. And NW and CO can still operate their code-share alliance, which doesn't seem to me anti-competitive. Ownership, not alliance, was the problem.

Jim
Need a new airline paint scheme? Better call Saul! (Bass that is)