Originally Posted by
IronWalt
That is exactly what is being considered by the industry powers. Last that I heard, The east and shuttle operations were going to be sold to American, and the west op is going to Mesa who wants to get a leg up on Republic. Enjoy working for JO boys. Y'all are perfect for each other
Kind of an unlikely scenario, in my opinion. First, I don't see Mesa as having the financial wherewithal to absorb another airline (or part of one). Second, I don't believe AMR would want to part with any precious cash in order to acquire assets of dubious value. The shuttle (either USAir's
or Delta's) is not worth what it once was, given the meltdown on Wall Street.
The name of the game now is cash preservation. Both Mesa and AMR have limited cash to play with, and are busy enough trying to manage their companies through the current economy. Even a cash-free deal would cost too much.