Originally Posted by
AYLflyer
I would have loved a Hawaiian merger but I can't imagine that AK would be ready to make a big move like that while in the middle of their current purchase. That said, I don't know what I'm talking about and just throwing stuff at the wall hoping something sticks.
Looking at it like a strategic board game from the AS perspective...
If they really want to solidify their critical mass in the US competitive market, and set themselves up for international growth...
Take 2-3 years to complete the big muscle movements related to HA, then move to acquire B6 with 1-2 years left of guaranteed favorable regulatory climate.
The current AS managers certainly have exhibited ambition, unprecedented ambition by AS historical standards. I'd guess that 2-3 years is sooner than ideal, but has the obvious advantage of essentially assured .gov rubber stamp. Also the longer they wait, the better the chances that B6 will merge with someone else. From where I sit in the cheap seats, B6 is next obvious logical move for agressive-ish expansion. Of course they could just sit back, consolidate the HA thing, and then grow organically according to whatever boeing's 787 delivery schedule ends up being. That would be more in keeping with their traditional fiscal conservatism. I guess that would depend on personal ambition, how much leash the board grants, and how big they think they need to be to safely bulwark against the big 4 (economy of scale does matter).