Originally Posted by
WhizWheel
You are correct sir. Currently UAL nor CAL have enough cash value for one to acquire the other. It would be a merge of equal sides, not one purchasing the other like the DAL/NWA deal.
NWA had around $5billion in cash at the end of 2007 with DAL having a $6.25bil.
DAL isn't strait out buying NWA they are "merging" which takes a different route. CAL and UAL aren't looking to acquire each other. They are looking to merge as DAL and NWA did. I'd rather see a CAL paint job on the planes.