H.E. Pennypacker
"Paging Mr. Morrow, Mr. Tom Morrow. Your party fr
- Joined
- Jun 18, 2007
- Messages
- 714
For those of you "hoping this merger doesn't go through", remember two things:
- This was mutually agreed-upon by both CEOs of SWA and AT (if AT was really making a ton of money, why in the world would they sell-out?)
- The only hurdles remaining are those with the Federal Government -- and given how the Northwest/Delta and United/Continental mergers breexed-through, we can expect much of the same for this pair of airlines.
Yep. And because none of the airlines are really making a ton of money, more and more will continue to merge, and eventually we'll end up with only 2 or 3 US-based airlines. And they'll still continue to perform poorly. But then they'll be "too big to fail" so the government will swoop in and buy them up. And then we'll all be screwed. First there was Obama Care. Wait for Obama Air.
