Hello Hooking, been a while since we were all invigorated by your tiresomely familiar negative attitude....glad I'm not married to you.
SR is D.E.A.D. dead. Like to Dodo, the Dinosaur, and your once youthfull exuberance. The new company you refer to is, of course, Crossair. You're to be commended on one factual accuracy, however. Crossair does indeed now possess a market capitalisation big enough to completely purchase BA, AA, UA and in fact most other major players on the world stage, but why would they want to?
Yours "bottomless pit" analogy is, quite simply, at variance with the facts.
There's a saying that goes something like "sell on the trumpets and buy on the cannons", and thats exactly whats being done. Some of the most schrewd aircraft leasing contracts in the history of the business are now being signed in favour of Crossair's new fleet of larger aircraft. The result will be cost leadership that would make BA, AA, UA and the rest, wince with envy.
Atraxis and SR Technics (CrossairTechnic) are both excellent businesses with world-class reputations. It is a known fact that the Crossair CEO is actively seeking control over these non-core but airline related businesses. Their aquisition will make perfect synthesis with the new Crossair, and set a solid framework upon which to restore Switzerland in general, and Zurich in particular, to pride of place in European air transport.
[ 01 November 2001: Message edited by: YakYak ]