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The two strongest airlines are merging The two strongest airlines are merging
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Mergers and Acquisitions Facts, rumors, and conjecture

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Old 07-23-2008, 03:02 PM   #1 (permalink)
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Default The two strongest airlines are merging
Today's results for NWA really cap off a great week. DAL earns $137 million and NWA earns $170 million for the 2nd quarter. In this market - this is flat out incredible. I like this excerpt from the bizwires:

"...Northwest said it would have earned $170 million for the most recent quarter if not for the accounting charge. It also benefited from a $250 million fuel hedging gain. The carrier said it is on track to close its buy-out by Delta Air Lines Inc. during the fourth quarter. Those two airlines are the only big carriers to report second-quarter operating profits ($137 million for Delta) although analysts expect Southwest Airlines Corp. to report a profit on Thursday..."

Instead of the normal merger of one strong airline trying to drag a weaker one across the finish line, we have the two strongest ones merging.


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Old 07-23-2008, 03:20 PM   #2 (permalink)
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Originally Posted by Carl Spackler View Post
Instead of the normal merger of one strong airline trying to drag a weaker one across the finish line, we have the two strongest ones merging.


Carl
I like the sound of that too Carl. I just hope this doesn't raise the eyebrows of those in government who will ultimately have the say in our merger!
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Old 07-23-2008, 03:31 PM   #3 (permalink)
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We both had an operating profit- so we got that goin' for us....which is nice.
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Old 07-23-2008, 05:18 PM   #4 (permalink)
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We both had an operating profit- so we got that goin' for us....which is nice.


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Old 07-23-2008, 06:24 PM   #5 (permalink)
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We both had an operating profit- so we got that goin' for us....which is nice.
gunga...gung...gunga gulunga.
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Old 07-23-2008, 07:16 PM   #6 (permalink)
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"The two strongest airlines are merging"

When I read that I wasn't even thinking DAL/NWA. I was thinking Southwest and Ryanair hehe.
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Old 07-23-2008, 07:25 PM   #7 (permalink)
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Instead of the normal merger of one strong airline trying to drag a weaker one across the finish line, we have the two strongest ones merging.

"Cinderella boy, outta nowhere, a former greenskeeper now about to become the master's champion."
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Old 07-23-2008, 07:38 PM   #8 (permalink)
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"It's in the hole"...
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Old 07-23-2008, 08:02 PM   #9 (permalink)
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"It's in the hole"...
With an 8 iron from about 350 yards no less! Ohhh I got all of that one.

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Old 07-24-2008, 06:32 AM   #10 (permalink)
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With an 8 iron from about 350 yards no less! Ohhh I got all of that one.

Carl
C'mon guys - lets not get ahead of ourselves - we still have a long way to go, and we shouldn't be too impressed with ourselves - after all:

"Its easy to grin......when your ships come in ......and you have the market beat. But the man whose worthwhile.... is the man who can smile... when his shorts are too tight in the seat."

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