The two strongest airlines are merging
Today's results for NWA really cap off a great week. DAL earns $137 million and NWA earns $170 million for the 2nd quarter. In this market - this is flat out incredible. I like this excerpt from the bizwires:
"...Northwest said it would have earned $170 million for the most recent quarter if not for the accounting charge. It also benefited from a $250 million fuel hedging gain. The carrier said it is on track to close its buy-out by Delta Air Lines Inc. during the fourth quarter. Those two airlines are the only big carriers to report second-quarter operating profits ($137 million for Delta) although analysts expect Southwest Airlines Corp. to report a profit on Thursday..." Instead of the normal merger of one strong airline trying to drag a weaker one across the finish line, we have the two strongest ones merging. :D:D Carl |
Originally Posted by Carl Spackler
(Post 431754)
Instead of the normal merger of one strong airline trying to drag a weaker one across the finish line, we have the two strongest ones merging.
:D:D Carl |
We both had an operating profit- so we got that goin' for us....which is nice.
|
Originally Posted by CVG767A
(Post 431771)
We both had an operating profit- so we got that goin' for us....which is nice.
Carl |
Originally Posted by CVG767A
(Post 431771)
We both had an operating profit- so we got that goin' for us....which is nice.
|
"The two strongest airlines are merging"
When I read that I wasn't even thinking DAL/NWA. I was thinking Southwest and Ryanair hehe. |
Originally Posted by Carl Spackler
(Post 431754)
Instead of the normal merger of one strong airline trying to drag a weaker one across the finish line, we have the two strongest ones merging.
"Cinderella boy, outta nowhere, a former greenskeeper now about to become the master's champion." |
"It's in the hole"...
|
Originally Posted by de727ups
(Post 431974)
"It's in the hole"...
Carl |
Originally Posted by Carl Spackler
(Post 432001)
With an 8 iron from about 350 yards no less! Ohhh I got all of that one.
Carl "Its easy to grin......when your ships come in ......and you have the market beat. But the man whose worthwhile.... is the man who can smile... when his shorts are too tight in the seat." Judge Smails |
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