Originally Posted by
Gearjerk
Gary K., 1seat, 1eng, and all those other WN guys are all over it!!
Airtran Deal Could Hold Southwest Back: Deutsche Bank - Stocks To Watch Today - Barrons.com
Deutsche Bank analyst Michael Linenberg downgraded
Southwest (
LUV) today to Hold from Buy on concerns that it will have trouble integrating Airtran, the company it bought earlier this year. Southwest plans to integrate Airtran’s routes next year.
“The key downside risk factor for LUV, in our view, is integration risk given that
airline mergers are complex and time consuming as disparate technology systems, labor groups
, cultures, fleets, and facilities are combined,” Linenberg writes.
He dropped his price target to $9 from $16. Southwest closed on Monday at $7.97, up 3.6%.
They could have done this so much easier without decade long lockouts or capitulation of Captain seats.
Im surprised they didnt tell FL pilots they've got to repay SWA for their 737 types and 717 types. Payroll deduct.