BA sells Qantas, Alitalia and US Air in trouble

The problem here is that even when they come out of bankruptcy, United won't
have the cash that AA did when they bought TWA. I could see an auction of
sorts for US's assets, and, undoubtedly, most of their fleet is leased by
now. The pluses are that their fleets are compatible (except for US's 330's
and 767-200's), but there are too many minuses.

And it looks like United has covered the loss of Atlantic Coast (now
Independence Air) by moving in Mesa, Chatauqua, Air Wisconsin, Shuttle
America, etc. as feeders at IAD.

I still don't see it (but stranger things have happened).

Jeff

"Nobody" wrote in message
...
Jeff Hacker wrote:

I for one don't see this happening. If you merge US Airways and United,
you're combining two bankrupt (well, one bankrupt and one almost
bankrupt)
carriers. I think both would be hurt. There's enough capacity out
there
that if US should end up in Chapter 11 again, I think their chances of
coming out are slim. AirTran, JetBlue, Frontier, Southwest, and the
like
are waiting. . . .

When UA emerges from bankrupcy, it will be realtively healthy with its
debts
greatly reduced. When 360 networks emerged from bankrupcy, one of the
first
things it did was to buy Group Telecom (another .com).

If/when US Air goes belly up, allowing the low cost cariers to fill the
gap
and but some f the UA Air's assets (gates etc) would deal a severe blow to
the
legacy airlines such as United.

Remember that United has lost a big feeder which has become Independance
Air.
(whether the later will survive or would come back to United,s nest, I
don't
know). For United, getting some parts of a liquidated US Air would
probably
be a very good deal. Remember how American got only the good parts of TWA
?
United wouldn't buy US Air as a viable entity, it would want US Air to
liquidate itself with United getting first dibs at the assets and making
sure
that not only would United get the godd stuff, but importantly, that
competitors wouldn't get thsoe bits.