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DOJ just approved the merger.
http://us.mobile.reuters.com/article/idUSTRE67Q5YO20100827?ca=rdt
Great news, now lets see how the hubs will be used. Here is to hoping IAD gets lots of new MAINLINE flights
Be interesting to see how the good ALPA employees at UAL are slotted behind the DELETED BY MODERATOR CAL pilots ! MM! Underestimating the potential of firepower of your competition(SWA) is always a recipe for disaster, but a strong balance sheet will lead UAL and CAL to ultimate finacial success! GOOD LUCK!
I'm sure most everyone has seen this already, but today UA and CO shareholders approved the merge by a margin of 98%. The deal should now close on October 1st.
I'm not sure about "lots" of new mainline flight out of IAD but I'd be willing to bet that you'll see some "right-sizing" of equipment to markets, especially from EWR and IAD. For instance, I'd be surprised if the "new" United didn't put some 747-400's into a couple of the markets out of EWR instead of the 777. Those 777 in turn can and would be used to upgrade or start new service to other markets. Remember, UAL still has several (the exact number escapes me but I believe 4-5) 747-400's parked at VCV. One was recently returned to service.
Just my thoughts. The upside potential is huge and the new UAL will be a very, very potent player!!
Cheers,
Z B)
I second that.Should be interesting to say the least. Looking forward to working with all of you at CAL to make this one blockbuster airline.
Cheers,
Z B)