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Originally Posted by TransWorld
(Post 3178137)
I perceive a writer, without basis and without wisdom is shooting from the hip.
Four biggest consolidating? Not going to be permitted. Merger with a smaller, possibly. Too big to fail, likely, with government bailout, possibly. Chapter 11 reorganization, likely. Chapter 7 and going out of business, liquidation, not likely. markets make money when there is movement, regardless whether it's up or down write a piece that can theoretically move markets - someone's going to pay for it. crisis averted, food for a month, who cares about the rest |
Originally Posted by rickair7777
(Post 3178060)
I think it's more likely to see a big four airline merge with a smaller one, that might be play out more than once.
Might also be a tail wagging the dog scenario, with a smaller, but better financed, airline in the driver's seat. Too bad for Doug that there's nobody left who's bigger than AA. |
Originally Posted by Margaritaville
(Post 3178365)
Allegiant is flush with cash, made money all through 2020, and the majority owner/CEO has been bragging about great opportunities for months. Watch a much bigger airline collapse and Allegiant pick up the pieces. Kind of like how Dougweiser ended up running AA… stranger things have happened.
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Originally Posted by Aero1900
(Post 3178337)
That's true though. Make fun of CNN all you want, but that's a true statement!
Making fun of CNN is the fact that they felt it necessary to point out that fact to their audience. It should be taken as an insult by them just the same as if they point out the fact that water is wet. ;) |
Originally Posted by FXLAX
(Post 3178442)
Making fun of CNN is the fact that they felt it necessary to point out that fact to their audience. It should be taken as an insult by them just the same as if they point out the fact that water is wet. ;)
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Originally Posted by Margaritaville
(Post 3178365)
Allegiant is flush with cash, made money all through 2020, and the majority owner/CEO has been bragging about great opportunities for months. Watch a much bigger airline collapse and Allegiant pick up the pieces. Kind of like how Dougweiser ended up running AA… stranger things have happened.
Allegiant through Q3 2020 has lost $155.3M, and has $709m in cash/cash equivalents. I love Allegiant’s business model but the numbers don’t lie. FWIW AA’s market cap is over $9b. |
Originally Posted by Aero1900
(Post 3178498)
Yeah I know. I was trying to be funny, not defend CNN. The world desperately needs a sarcasm font or something
After re-reading my post, I was trying sarcasm and realized it was badly written. But you seem to have gotten my point. ;) |
Originally Posted by usmc-sgt
(Post 3177946)
1800 plane and 29,000 pilot seniority list legacy? Sure, send it.
with aa not being an alpa carrier, they would be exposed to some potential merger outcomes that would suuuuuck. Bad idea all the way around. Makes for fun internet chatter, though. |
Originally Posted by Guppydriver95
(Post 3178532)
with aa not being an alpa carrier, they would be exposed to some potential merger outcomes that would suuuuuck. Bad idea all the way around. Makes for fun internet chatter, though.
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Originally Posted by Trowserchilli
(Post 3178580)
They could be offered the same package they offered the TWA guys. Pretty simple.
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