Originally Posted by
idlethrust
Easy
psa is about to be sold . A farmer always fattens up the cows and pigs before selling them at auction or at the slaughter house.
Keep eating and getting fatter , the chopping block is coming
Well I tell ya this guy must have known my prom date....I remember finding that lovely lady in a field one faithful morning. She couldn't dance at all but looked good in the dress.
Jokes aside there would have to be a buyer for PSA. This is not the market to sell a entire regional with roots in a dead Midwest city. However with possible CEO changes in the future at AA and a unknown timeline for international travel returning all bets are off. You can plan that IF a major goes to bankruptcy it wont be the only one. Which means scope clauses and contractual restrictions our industry worked hard to gain, are now on the table yet again.