airline mergers

How is everyone playing the airline merger rumors? It looks like industry wide consolidation will happen at some point. I think the best deal would be btwn United and Continental...what are some thoughts?
 
I don't know, but I do know only an insane fund or other airline would assume American Airline's balance sheet.

It's beyond terrible.

20 billion in long term debt.
 
Quote from ebayuser:

How is everyone playing the airline merger rumors? It looks like industry wide consolidation will happen at some point. I think the best deal would be btwn United and Continental...what are some thoughts?

a friend of mine called CALwhen it was trading under 20
1 and half years ago
and told my other buddies to buy in
i think collective stake was around 50K shars under 20 bucks
if the merger goes thru see ya all at 60. but legal affair would be a biatch
 
Back
Top