Originally Posted by
iahflyr
I find this line rather confusing.
Aren't the high fuel prices an even more compelling reason to merge.
Possibly, but only in the long run. It is estimated that the 1 time consolidation costs are 1 billon $, and they come due much sooner than the suppossed "efficiencies" start paying off. Al lthe while the company is burning through cash like a sailor on liberty in Singapore.
Scoop