Everyone salivates at everyone else's misfortune, yet virtually noone in this industry has figured out how to turn someone's misfortune into good luck for themselves. It's all degrees of misfortune, really.

So don't salivate: pucker up, and cross your little fingers.

I don't see any chance of a full blown merger between DAL and AMR. I think we're just trying to return the favor to UsAirways for their attempted hostile. If anything, I think we're taking AMR out of play, by making them too expensive. It wouldn't surprise me if this was RA actually doing Horton a favor.