Originally Posted by WatchThis!
I think it's going to be CAL and UAL to merge, what do you think of those odds Bill?
two relevant stories:
1- a couple of weeks ago, a buddy of mine had kellner on the JS. kellner said it would be stupid to merge since UA had so many senior employees (senior = more money, benefits, etc). he said he would much rather grow from within with lower paid new employees. we are also hording cash and recently filed a 1 billion shelf offering with the SEC to raise even more cash.
2- the story going around the training dept is that within the next couple of months, the CO employees would be very happy and the UA employees very unhappy.
FWIW.
my feeling is that i hope it never happens. however, gordon bethune told me last october as he sat on my jumpseat that he would love to put UA and CO together. his quote was, "we would f*cking crush AA..." perhaps we will buy the good parts of UA and crush AA anyway...