Gaucho99,
If Parker elects to not pursue a Northwest merger due to resistance by Doug Steenland, it would not surprise me to see US Airways pursue United.
What if Parker elects to not pursue a NW merger due to something other than "resistance by Doug Steenland"? Would that change your second sentence?
What if Parker elect to pursue a NW merger in spite of resistance by DS? How might that change your second statement?
.... er, have you figured out that your first paragraph really said, um, nothing?
Parker is not concerned about trying to acquire a larger carrier, Parker is young/ energetic and has a passion to merge, and some people believe Gleen Tilton is trying to sell the Chicago-based airline.
Parker marches to the beat of his masters. How do you know he "likes" mergers? Perhaps he is a Star Alliance agent and is simply fulfilling their directives? He should be an agent of the board, but, whatever you want to believe.......
I find him somewhat on the outre side of this particular fantasy. Unfortunately, I am not alone in the financial community.
and, Gleen (sic) "Ipana" Tilton, as with any competant CEO, is always on the look out for opportunities, either on the acquisition side or on the disbursement side. To state, as if it were a discovery, that a CEO considers all options is naive as well as insulting to CEOs from all over the landscape, wouldn't you say?
I do agree with you that United would be a distant second choice because their formal reorganization is complete. A combined US Airways-United corporate combination would likely have less total annual synergies than US Airways-Northwest because (as you know) there would be less financial flexibility and less ability to reject excess leases.
Are you saying that a carrier that has exited BK (UAL) still has "excess leases"? So, the management at UAL didn't do a very good job? Perhaps you are saying all carriers have "excess leases", but the USAirways mgmt can only work with those excess leases while in BK?
Puzzling. What, exactly, are you saying?