Atlantic Coast Airlines (ACA) learned two pieces of news that fit into the “watch what you ask for or you may get it” category:
–a judge granted an injunction stopping Mesa from unseating ACA’s board of directors; and
–the governement is investigating whether Mesa’s bid violates anti-trust law.
Should Mesa’s bid be thwarted, ACA will continued with its nearly universally derided plan to become a low-fare carrier based at Dulles. Be careful what you ask for…