Originally Posted by
BlueSkiesAhead
I don't recall saying that they did it as a favor. Of course they didn't, it was a business decision which worked out very well for those two companies. I'm only trying to point out that these ideas of a staple work both ways. Nobody wants to be stapled when they are the one being acquired, but everybody yells for the stapler when it's the other way around. Being wholly owned doesn't exclude you from this. Don't kid yourself.
It was just another form of "Pay for Training" but instead of pilots paying $25k for a job it's management at AWAC/Republic paying 25 million for a piece of the pie.
US Airways didn't need the 25million from AWAC last time but what CEO is going to turn it down? Then 5 years later that same CEO is complaining about too many 50 seater RJ's.
