AWA and US Airways Merger Rumor Followup

Uncategorized April 21 2005 0 Comments

Man oh man, were analysts unhappy with the news about the America West & US Airways merger.  I’m not sure I read a single positive comment from anyone about that.  Jamie Baker, a financial analyst, speaks for all when he says, "We would note that in past decades, there has
not been a single successful merger of two large airlines where
shareholder value didn’t suffer, though recovering airline management
addicts regularly appear willing to belly up to the bar for another
taste."  Not good.

Leave a Reply