airline mergers

Discussion in 'Stocks' started by ebayuser, Dec 20, 2006.

  1. How is everyone playing the airline merger rumors? It looks like industry wide consolidation will happen at some point. I think the best deal would be btwn United and Continental...what are some thoughts?
  2. I don't know, but I do know only an insane fund or other airline would assume American Airline's balance sheet.

    It's beyond terrible.

    20 billion in long term debt.
  3. a friend of mine called CALwhen it was trading under 20
    1 and half years ago
    and told my other buddies to buy in
    i think collective stake was around 50K shars under 20 bucks
    if the merger goes thru see ya all at 60. but legal affair would be a biatch