With these fuel prices, they've gone through cash quickly, ... Their strategy might work, but the question is if they have enough time to test it.
This is one - we might finally see a liquidation.
Some of the capacity will go away if fuel prices stay this high. It (oil prices near $50 a barrel) could hasten US Airways' demise.
It's probably too little too late.
This process has plagued other airline mergers, and brings a risk of operational disruption or added costs.
Not many assets there.
There's certainly been a history of low-fare carries going by the wayside.
The combined entity will face significant hurdles, particularly integration of its labor forces.
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