WorldTraveler
Corn Field
- Joined
- Dec 5, 2003
- Messages
- 21,709
- Reaction score
- 10,662
if you want to rest on the hope that if AA/US fails, then the whole industry will be possible, you might want to take a look in the rearview mirror at PA, TW, and EA among others.As for the argument that US/AA will be back in bankruptcy, if that is the case then probably all of the airlines will have to go back thru BK. The new AA/US will be as strong if not stronger as any of the others and better positioned through immuned joint ventures with more desirable BA-Heathrow and JAL-tokyo. Not to mention dominance in the South American markets...but I'm not saying anything all of the naysayers who would like to see this deal nixed already know.
The industry did not go through bankruptcy even when those carriers failed.
If AA cannot turn itself around quickly on its own and either merge successfully with US - in a process that will take an enormous amount of time - or survive as a standalone or with a partner of AA's choosing, then other carriers will pick up the business.
AA is in the position it is in precisely because other carriers moved on and are succeeding and AA did not move on and are not succeeding.
No asset that AA or US has now or could have together is enough to stop the competitive forces that will continue to play out... .whether it is WN and B6 in east coast markets or DL and UA in international markets.