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Originally Posted by
Grumble
With what money? CAL didn't have the ability to pay for aircraft on order, and they think they would've been spending more on United? Post BK no less when UAL was sitting on close to $8b in cash? Do these analysts still have jobs?
UAL could have chose another airline to buy with all that cash. If they did, CAL would now be out of business unless American or some other invested decided to buy them.