Biggest Stock Loser of 2007

[BoeingBoy]

Interesting comments by Dan Atkins at a bargaining summit hosted by AFA, with the final comment pertinent to US and mergers:

"He adds that Continental "is the pretty girl at the dance sitting on the sidelines. It doesn't have to dance" but can sit back and wait for the best offer. US Airways, however, is "poison" because of labor strife, among other reasons."

Full Article

Jim

 

[usair_begins_with_u]

what's to keep an 'investor' from buying it up just for the cash and assests (ie NY area slots, Int'l routes and a/c)?

MM

#1) The net value of LCC is less than 0. LCC has more debt than it has total assets
#2) The Intl routes are total crap
#3) The slots around NY are not that valuable

LCC is nothing more than a steaming pile of dog crap, it needs to be laid to rest.

 

[N965VJ]

Merger Talk Sends Airlines Soaring

By Ted Reed
TheStreet.com Staff Reporter
1/10/2008 1:49 PM EST

CHARLOTTE, N.C. -- Airline stocks were trading sharply higher Thursday afternoon, as renewed speculation that consolidation is close at hand lifted the major U.S. carriers.

Delta primed the pump because its pilots are meeting in Atlanta, with an agenda that includes preparation for a potential deal.

"While we have been hearing about 'inevitable consolidation' for many years, it is becoming increasingly difficult to discount these facts and other recent events as simply more rhetoric," said Lee Moak, chairman of the Delta chapter of the Air Line Pilots Association, in a recent letter to pilots. "Consolidation may indeed be at our door."

Now, a report has emerged in The Wall Street Journal that Delta's board is about to discuss whether to give CEO Richard Anderson permission to begin talks with Northwest and UAL, the parent of United Airlines.

Shares of all three were surging. Delta was up 13% to $15.28, and Northwest was gaining 24% to $14.87. UAL was rising 18% to $30.73.

Link to rest of article