Reuters Predicts Big 4 Consolidation
01-06-2021 | 06:00 AM
#31
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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.
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
01-06-2021 | 06:48 AM
#32
It's 5 o'clock somewhere
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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.
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.
01-06-2021 | 07:20 AM
#33
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From: Engines Turn or People Swim
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.
01-06-2021 | 11:35 AM
#34
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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.
01-06-2021 | 02:13 PM
#35
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From: 1900D CA
Yeah I know. I was trying to be funny, not defend CNN. The world desperately needs a sarcasm font or something
01-06-2021 | 02:33 PM
#36
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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.
01-06-2021 | 02:58 PM
#37
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01-06-2021 | 04:28 PM
#38
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01-06-2021 | 06:26 PM
#39
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