Robert Mann [HPN-NY]
(AVSIG Member)
11/16/06 06:36 AM
Re: USAir to Buy Delta?

Joe,

<<In discussing the advantages of the merger they use the word "synergy" a lot. I suppose that's a euphamism for "layoffs"?>>

That's correct. A significant part of the synergy of mergers is the opportunity for cost savings. (Not dissimilar to the cost savings that result when two single individuals living in seperate households get married.) There is a lot of duplication when two companies merge which can and should be eliminated. A lot of that duplication is at the middle and upper management levels.



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