This is called insider trading.

And in an email no less! I highly doubt this is true.

 

No?

 

I don't completely agree with that statement. My wife is a senior executive at a Fortune 500 company. When the firm for which she works buys another company, they send out confidential emails that restrict senior management from trades in their own company positions as well as that of the target company. In theory these emails are highly confidential but leaks do happen from time to time.

Now if a person is caught telling a friend and that friend then trades on that information then THAT is insider trading. The simple act of leaking information is not in and of itself Insider Trading.

In this case, it is possible (and I would emphasize the word "possible" as this whole discussion is one giant fantasy thread based on a wild rumor) that someone in management leaked the fact that they were restricted from trading UAL stock. Then again they might have made the whole thing up for fun

Anyways, back to the fantasy world of UAL and JBLU merging. I just had another entertaining thought pertinent to this fantasy thread:

Organic growth has proven problematic for Legacy carriers throughout the history of aviation since it has almost always resulted in excess industry capacity. Mergers, especially recently, have proven very effective means to grow market share and still restrain industry capacity at the same time. Even if DOT demanded sizable divestures a merger with JBLU sure would go a long way towards enhancing UAL's ability to compete in NY and Florida against DAL, and increase market share, and grow the airline signifcantly almost overnight.

 

Sounds interesting Joe. *slam click*

 

Yup... that should about do it for this thread!

 

And now she wants to come back. I heard she is trying to file a lawsuit to get her job back.

 

Posted this on the UAL Forum when the rumor first came out on Friday last:

Just sold my shares for a quick 5% gain. Looks like I got my case of beer.

Stock was up over 5% this morning. Large buyer at the open. They did report improved RPMs, but RASM should be down YOY which would seem to negate that news. The big 3 were only up 1% or in UAL's case down .4%

Could JBLU be in play? Maybe another airline like Alaska?

 

I would believe Alaska more than us. But then again, they've had a hard time getting DOT and justice approval on Virgin. Don't know how the consolidation picture will shape up for the new administration. I think fewer obstacles for Alaska than us. But then they would get more of those pesky airbi.

 

Classic...

 

So...35 and best case airbi cappy..which pays less than our widebody F/o's..I'm not being a "Richard", but come on man..there is no comparison! Nada!!