Originally Posted by
flyprdu
You're right. Until "the new normal." And that's what this conversation is about right? Sustained high oil prices, which will force airlines to look to each other for scale and route consolidation.
If oil stays where it is or goes higher, it’s about one thing… survival. Cash is king, the initial capital costs of any merger are significant and would detour any from taking place. Maybe on the back side, on the way out