American to buy Alaska?
#11
Gets Weekends Off
Joined APC: Mar 2020
Posts: 192
lol, AA isnt in a position to buy Toilet Paper let alone ALASKA..........
#16
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Joined APC: Dec 2005
Posts: 8,902
While no one is looking at merging right now simply because airlines are trying to preserve cash and last as long as possible, once we recover there is a very decent chance there will be more industry consolidation - especially among Major/LCC carriers.
#19
I think this is in fact a real possibility. But I think if any 1 legacy declares the other 2 won’t be too far behind. The legacy that declares first will gain some immediate cost advantages by being able to shed unserviceable costs and immediately begin renegotiating labor contracts which would have a longer-term savings benefit. Yes they will lose market share, but will the other 2 be in any position to come take it in the event things are so bad bankruptcies are being declared? No. They won’t. They’ll be faced with the reality that they too are bleeding cash (even if they have more of it and less debt) combined with competing against another airline with a new found inherent cost advantage.
#20
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Joined APC: Nov 2016
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