NEWS: More Doubts on US Airways
I've made it clear that I do not believe US Airways will make it so I'll avoid all that rhetoric again. But I haven't spent much time talking about how the carrier could exit the scene. Along those lines I would like to point you to a really interesting article over in the Pittsburgh Review-Tribune. This article compares the viewpoints of two analysts who offer up two different scenarios.
The first, and most obvious, is a complete liquidation. The airline is simply sold off in pieces and the money distributed. There are plenty of airlines that would like a particular piece of the US Airways operation. You know little things like prime gates at Boston Logan, LaGuardia and Reagan airports.
The second and more interesting is the prospect that another airline might buy the whole operation and absorb it. United Airlines was tossed around as a possibility early last year but, please, let's be serious. Mom always said two wrongs don't make a right. But they mention the Branson's Virgin Airlines (coming soon to a US airport near you) as a possibility. Now that would be interesting and a more plausible idea in my book.
The first, and most obvious, is a complete liquidation. The airline is simply sold off in pieces and the money distributed. There are plenty of airlines that would like a particular piece of the US Airways operation. You know little things like prime gates at Boston Logan, LaGuardia and Reagan airports.
The second and more interesting is the prospect that another airline might buy the whole operation and absorb it. United Airlines was tossed around as a possibility early last year but, please, let's be serious. Mom always said two wrongs don't make a right. But they mention the Branson's Virgin Airlines (coming soon to a US airport near you) as a possibility. Now that would be interesting and a more plausible idea in my book.
Labels: Branson, start-up, US Airways, Virgin America
posted by The ACK at
22:59
