If you honestly believe Gumm won't take a look at a good deal offered by Parker, and take it back to his handlers at Delta, then you really don't understand this industry or how it operates.

Not saying it will or will not happen. But if you look at the history of regionals over the last 20 years, the tendency is for mainlines to try and divest themselves of wholly owned regional operations. If you think Gumm and or Anderson are not capable of changing an agreement that would make Pinnacle...err..Endeavor more attractive to outside investors then I have a bridge in Brooklyn to sell you. 10 years from now it is likely Endeavor will either be sold off or parted off. Delta is unlikely to keep them on the books long term. This whole deal is just an eerie repeat of what NWA did with Express One in 1997.

Bottom line this is about making as much money as possible. If Parker makes Gumm/Anderson an offer they will look at it. Be careful about making exclusionary statements or believing management when they issue them. In this business, it will make you look like a fool.