Well, this morning’s news about deals in the works between US Airways and the unions representing the majority of employees of American Airlines surely turned a lazy Friday on its head. I don’t comment on the viability of mergers, airline business plans, or anything else semi-controversial as a matter of practice. Not that I can’t, just that I don’t…and I have my reasons. That said, watch this one closely. I’ve predicted it for at least 3 years in private conversations. Could a three-way deal between US, BA and the money people known as TPG be in the offing, only time will tell. And no, I don’t know anything. Just speculating.
For what it’s worth, I don’t think a business combination between US and AA is the end of the world as we know it. In fact, I’ve often wondered what a bunch of outside the box thinkers might be able to accomplish with just such a franchise. I think I’ll pour myself another glass of cab, light a cigar, and watch with great interest. This could be an enlightening adventure for all of us.
I’ve stayed away from the topic too, maybe for some of the same reasons, but have (of course) followed it with great interest.
It will be intriguing to watch it play out…..