.
There's another way to read Scott's response:
A:I really shouldn't comment on that one but I would say that us just buying some sa routes would be ludicrous.
Everybody seems view this as Scott saying nothing is happening with DAL; in fact, in my view, a wholesale denial is conspicuously absent when one reads
"I really shouldn't comment on this one..." If there was no merit to the rumors, I think he would simply tell Etops that nothing is happening with Delta.
Instead, Scott says "us
just buying sa routes would be ludicrous." The word "just" jumped out at me.
There is a strong likelihood, in my view, that within a year, either Delta or Northwest (or both) will cease to exist, at least as we know them.
With the passage of time, with bankruptcy proceedings not going their way, and with the possibility of exit financing funding drying up, it is unlikely both DAL and NW will emerge from bankruptcy. Moreover, there is also a strong possibility that a UAL/CAL merger will be announced in the coming weeks. While both DAL and NW would
like to restructure and operate as stand-alone carriers, that possibility is looking less and less likely. And even if they are able to restructure successfully, they would do so only to continue operations in the same competitive environment.
As far as viable carriers picking at the bones, with a UAL/CAL marriage, that leaves US Airways, American, and possibly Alaska. For us to buy Delta operations
en toto would likely bring antitrust issues much like we had with the UAL/U merger debacle unless, of course, liquidation of Delta was emminent. For us to buy Northwest operations
en toto would not raise antitrust issues, but would bring very ugly (and possibly insurmountable) labor issues.
I agree with Scott that us just buying some SA routes would be ludicrus. Delta has a lot that could benefit us... so does Northwest. And it would be stupid for our management team to not be actively looking at the possiblities and operational scenarios that could benefit us.
Sometimes when you act like a know it all it just makes you an easy target. Very similar to another (320) on this board. Not insulting just my opinion.
You know, furloughed, Etops has been right about a lot of things on this board.