USA320Pilot
Veteran
If I was a venture capitalist, I would not invest in any airline as an equity plan sponsor, unless I was 100% sure I would obtain a reasonable ROR.
Respectfully,
USA320Pilot
Respectfully,
USA320Pilot
I need to change thisusairways_vote_NO said:And again the only thing the Forbes article addressed about an equity plan sponsor by Usairways is that it ain't gonna happen.
Don't get your hopes up. Any "merger" of HP and US would look like the "merger" between AA and TW.USA320Pilot said:Parker said he doesn't expect there would be any liquidation of airlines, but that in order to survive, companies would merge and consolidate.
Good thing you're not a VC then. You'd never invest in anything, let along airlines.USA320Pilot said:If I was a venture capitalist, I would not invest in any airline as an equity plan sponsor, unless I was 100% sure I would obtain a reasonable ROR.
Let's also not forget that Bronner has said he will not throw good money after bad... Right now, any investment in US Airways is precisely that... Note how the company is currently facing a potential BK rather than a potential liquidity crisis solved through additional RSA investment.USA320Pilot said:Lets not forget David Bronner speculated in a previous Charlotte Observer column that United has a 50-50 chance of surviving. He said that if United were to sell assets, he would consider backing the purchase of some "if it would be beneficial to US Airways."
That's not an equity plan sponsor, which the Forbes article addressed, but an asset purchase. Will it occur? Probably not unless US Airways has a competitive cost structure because Bronner will likely not put more of RSA's money at risk, unless he can obtain a "bond-like" ROR.