Originally Posted by
Sink r8
I was watching airline stocks today. Nice bump to everyone except one. The only theory I can come up with is that the street has concluded STAR has one superfluous airline, now that CAL is joining.
Any other theories?
Care to be a bit more elaborate on your broad theory??
That take of CAL being "Superfluous" to the STAR Alliance would not have anything to do with Delta's strong opposition against the original Antitrust filing back in November 2008??
http://www.washingtonpost.com/wp-dyn/content/article/2008/11/26/AR2008112604257.html
Please explain your take so we can understand what you ment.....
BTW....both US airlines pertaining (or soon to be) to the STAR - CAL & UA were up 6% & 2.5% at market's close....which one were you refering too that slid??