I don't know why people get all excited over this new rumor. You do realize they can acquire a percentage of equity and not the whole entity. Just reference CommutAir, UA owns 40%. If they buy less than half (controlling interest) they won't need FA approval. Also like Commutair, it doesn't mean money is going to start instantly flowing to XJT pilots (it's not). So nothing to get excited about. There will be no flow (UAL Alpa said it themselves, they want to retain control). If I were a betting man I'd say we'd probably hear by year end. Just as a hypothetical betting man ;-)