Southwest Airlines CEO Gary Kelley on acquiring other airlines (via NYTimes):
This is it! No consideration of possible synergies and savings from them. If the target is not generating positive cash flow it does not matter.
The thought of simply acquiring outright another airline that is
destined to lose money this year just doesn’t seem like a good
opportunity.
This is it! No consideration of possible synergies and savings from them. If the target is not generating positive cash flow it does not matter.
No comments:
Post a Comment