Originally Posted by
sidestep
Don’t be mistaken, it isn’t the stock price - it’s HA’s debt that keep the big boys away. If DL couldn’t make the numbers work at ~$6/share in 2012/3 - I don’t see a merger happening with the current price.
SWA is not a Hawaiian killer, but you’re wrong if you don’t think they are gonna take a big bite.
I'm not worried about their West Coast operation... Time will tell if they can make inter-island work. I know they have smart people running the numbers, and have looked at all angles. Inter island, 2500nm away from the nearest base, with no dedicated maintenance, pilot base, FA base, hangars etc... They'll need to up their presence. Until then I'm cautiously hopeful.