USA320:
The only thing that is "stunning" about a U/AWA deal is how fast the money "invested" will evaporate.
There is no route overlap, unless you consider PHL-PHX, PHL-LAS, PIT-PHX, and PIT-LAS overlap.......
The only deal is watching management halve the workforce, get rid of all the high priced senior employees who will see the rest of their career evaporate with the seniority integration, and in the end the whole thing goes up in smoke and some of these investors will ride into the sunset with U's prized assets for a song and no baggage to hinder a quick sale.
I'll ask you one question.......
How do you see two airlines, one marginally profitable and one losing its ass, merging and making any money?
Boomer