Merger getting blocked
03-06-2023 | 01:24 PM
#81
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Joined: Jul 2022
Posts: 601
Likes: 44
The argument for/against the merger is still the same, just more opponents on the other side. The only change I expect is another 4-6 months added onto the timeframe to get this completed and probably run it through the Supreme Court.
The argument against two small carriers merging to become the 5th largest carrier isn't going to hold water in the long term. If this is truly the case then the government needs to unravel DL/NW, CO/UA, AA/US, WN/AT, VX/AS.
The argument against two small carriers merging to become the 5th largest carrier isn't going to hold water in the long term. If this is truly the case then the government needs to unravel DL/NW, CO/UA, AA/US, WN/AT, VX/AS.
03-06-2023 | 01:28 PM
#82
SDQ Base Chief
Joined: Mar 2006
Posts: 6,089
Likes: 48
From: 320 CA
03-06-2023 | 03:10 PM
#84
On Reserve
Joined: Feb 2019
Posts: 139
Likes: 1
From: A320 FO
The company can operate as 2 operating certificates. There is precedent for that (Republic, Atlas, etc.). It won't be as efficient, but they don't have to wait for a supreme court decision to actually merge. And in the meantime they could merge most of the operation, and maybe even transfer some assets to the JetBlue certificate. Annoying? Yes, but IMHO I don't think that's a deal-breaker. They WILL get the approval, eventually. Maybe it happens in late January of 2025...
03-06-2023 | 03:35 PM
#86
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Joined: Feb 2019
Posts: 139
Likes: 1
From: A320 FO
Maybe? At the very least they could run them as 2 operations until such time that the DOT gets their heads extracted. 2 operations that work together for max efficiency.
03-06-2023 | 03:59 PM
#88
Line Holder
Joined: Sep 2014
Posts: 1,691
Likes: 21
From: 60’s Tech, Right
It would be interesting to see this play out with our respective scope clauses regarding merger transactions…. We at NK have certain protections in cases of a merger, but I’d need a Rep to digest the legalese for me; lots of lawyer talk….
03-06-2023 | 04:12 PM
#89
On Reserve
Joined: Feb 2019
Posts: 139
Likes: 1
From: A320 FO
Oh, darn. I guess it will just have to be scrapped then. Pack it up fellas, the CBA won't let it happen!
I'm pretty sure that if necessary, a temporary modification could be made with some stipulations. It is in all of our best interests that this thing go through.
I'm pretty sure that if necessary, a temporary modification could be made with some stipulations. It is in all of our best interests that this thing go through.
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