Originally Posted by
deadstick35
If it's merger, doesn't that give the YX folks a leg up from being assimilated? $450M loss in, what, 2 years? Yea...I dunno. I don't think we've seen the last act of the DAL/NWA/TPG/MEH saga.
Happy to see some people agree with me. TPG/NWA don't spend $450 million to block AirTran, write-off over $400 million in losses and then give the keys to a large regional airline for $31 million.
Just write-off the last 6.8% and be done with it.
The reason Independence Air failed was that they lost to much money building a market. Republic is being handed the MKE market with 25 years worth of loyal customers, a marketing department, reservations system, gates, slots into LGA-DCA, ...
Why help Republic become a national airline?
guess:
1. to make a low cost competitor for AirTran that feeds the Delta system.
2. build a new regional feeder system to get around the 76 seat scope language