Originally Posted by
SoCalGuy
EWR....
You are absolutely correct on what has become of the USAirways debacle, no arguing there.
On the flip side, why do you think Jay was bombarded for interviews (by the various Financial Analyst/Wall Street Talking Heads/and big time investment firms) during the Court-Ship of this entire merger??? They needed/wanted to know where his Pilot Group stood in this Merger (I'm sure Wendy had the same over at UAL). Wall Street has seen first hand by way of the "Charlie Fox" at USAirways, and enesence, this 5 yr debacle has prevented the company from delivering what they had 'promised' investor first hand from the start.....Financial Benefit of the two airlines coming together. It was just within the last 2 months that even USAirways Mgt has asked for legal help/intervention by the Gov to get this mess figured so that 'they' can reap the 'synergies' that they promised from the start.
http://www.bizjournals.com/charlotte/stories/2010/07/26/daily17.html
When looking at what has happened at USAirways for the last 5+ yrs, I would say that even though approval was given and things are in full swing, the Financial World (and even the Gov) has/will be looking at our Merger with a bit more of a critical eye on delivering what our Mgt has promised it's investors by way of 'huge' economic synergies.
Just one man's take, but your point is understood as well.
I totally agree with you. As it wasn't too long after the commuter friendly VP came out with that drivel that USAirways went to court saying they can't fully realize the synergies. Found that ironic and perfect timing for us. Thus, I do believe we have better leverage going forward. Wall Street and the financial analysts will be watching closely and putting pressure on as necessary to get this hammered out ASAP.