Branson &usairways.

[deltawatch]

America West CEO expects to participate in mergers
Thu Feb 10, 2005 12:55 PM ET

PHOENIX, Feb 10 (Reuters) - America West Airlines (AWA.N: Quote, Profile, Research) expects a wave of mergers to sweep U.S. low cost carriers, thinning out the crowded industry, its chief executive said on Thursday, adding that he sees his company participating.

Speaking to reporters at America West headquarters, Doug Parker said there are too many low-fare carriers.

"We don't need seven low-cost carriers in the United States," Parker said. "That's far too many."

Parker predicted that the number of low-cost airlines would fall to two or three over the next three to five years from at least seven today.

"The environment out there is a mess," Parker said, "and it's about as bad as it's ever been."

Parker stopped short of identifying which airlines are most likely to be acquired.

Aside from Southwest, leading low-cost carriers include JetBlue Airways (JBLU.O: Quote, Profile, Research) , AirTran Airways (AAI.N: Quote, Profile, Research) , Independence Air (FLYI.O: Quote, Profile, Research) and ATA Airlines Inc. (ATAHQ.PK: Quote, Profile, Research).

Analysts see Southwest, JetBlue and AirTran as the industry's most robust.

 

[usairways_vote_NO]

The value of the outstanding stock is by my calculation about $100 Million Dollars. $100 Million required to gain control of a 6 BILLION DOLLAR company is a bargain. Once the POR is filed I think you will see a whole bunch of interest in US Airways.

I'm betting Bronner aquires the outstanding stock and takes the company private and promptly moves all of the significant operations such as IT, Maintenance, Call centers to AL. He has the Real Estate available and bringing several thousand jobs to AL will be a juge coup.

Plus MOST of the existing workforce will NOT make the move. This will solve the TOS issue as well ans the ALG, Piedmont, PSA bickering and political silliness and US Airways starts fresh with new employees and new attitudes.

The other version is a Branson/Bronner Partnership with similar effect.

[post="246987"][/post]​

You are as delusional as 320 no doubt now.. Dang the employees gave up a total of what 2bil+ per year? And they get no control only another shot at giving more in 4th round.

 

[usairways_vote_NO]

Hawk's REPLY to EVERYTHING IS" Stop Spreading Rumors!!"

He's the freakin spy on this board..

Sir Richard buying this sorry @$$ company..

***just think of training in Merry Old England!?***

Naw, Id rather train in Pit:::🙂)))))))

[post="247042"][/post]​

Come to think of it that hawk looks kinda British