Originally Posted by Clear Right

The Q3 loss by both NK and B6, regardless of the reason supports the argument for consolidation/acquisition and mergers. The DOJ would have a leg to stand on if both companies were turning record profits, distributing dividends, and buying back shares. But that is simply not the case...these companies operate on razor thin margins. The airline industry since deregulation has lived and died though various consolidations over time, it is now a part of the natural business cycle. If you try to look through the lens of Judge Young (a Reagan appointed conservative), this is about Business's competing to survive and make a profit, not about some Administration's agenda to offer low fares to the entire population at a corporate loss. Companies can offer low fares all day, but if they don't turn a profit, it's Chapter 11 or Chapter 7 time. It just doesn't make sense to block this merger for some government agenda, if so, then bring back regulation.

Airlines are public companies that operate for a profit for it's shareholders, investors and employee's. This is no longer a regulated industry, therefore, IMHO Judge Young will see this for what it really is: It's about two corporations doing what they do to survive and be profitable, while offering a quality, low fare product to the consumer that can compete with the BIG 4. My .02 cents.