OP
USA320Pilot
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- May 18, 2003
- 8,175
- 1,539
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- #31
Dell:
Yes, I do, however, it's due to industry fundamentals.
Prior to September 11, I would have said no. But due to the current revenue environment, from a pragmatic view, there is too much capacity in the system and the Bush Administration understands this point.
However, the most important point is the "failing carrier guidelines" where current Justice Department guidelines provide for an antitrust exemption if a company is in bankruptcy and could fail. This is the same language that permitted American to acquire TWA, even with the St. Louis antitrust issues.
Regards,
Chip
Yes, I do, however, it's due to industry fundamentals.
Prior to September 11, I would have said no. But due to the current revenue environment, from a pragmatic view, there is too much capacity in the system and the Bush Administration understands this point.
However, the most important point is the "failing carrier guidelines" where current Justice Department guidelines provide for an antitrust exemption if a company is in bankruptcy and could fail. This is the same language that permitted American to acquire TWA, even with the St. Louis antitrust issues.
Regards,
Chip