Cargo,
480 Million is very good... in fact... it's awesome for a first quarter merged carrier. However, it is nowhere near the actual numbers that could be realized with a harmonized combined entity with all of the full synergies implemented. If the Company wishes to move forward, and appease the shareholders, and investors... they NEED to make an intelligent business decision.
We will soon see if they are intelligent enough to realize that delaying the inevitable is cost effective, cost neutral, or an impediment to additional profit gains!