View Poll Results: My opinion of the announced AA - US merger is:
This is the best of all possible worlds; great idea!
33
3.93%
This portends a stronger airline, with some changes for all
192
22.88%
I am neutral - pros and cons for all
199
23.72%
I think this is a somewhat bad idea with some real challenges
226
26.94%
I am completely opposed to this merger; terrible idea!
189
22.53%
Voters: 839. You may not vote on this poll
AA - US Merger Agreement / Announcement / DOJ Action Discussion (consolidated)
#1426
Join Date: Apr 2005
Location: PHX
Programs: AA Ex Platinum & 1MM, DL PLT, Marriott Gold, HH Diamond
Posts: 2,491
http://www.frequentbusinesstraveler....pilots-object/
Am I the only one who has concerns with the last paragraph:
Meanwhile, in court filings on Tuesday, tax authorities, airport operators, airline pilots, and bondholders among others asked for a delay of the merger and sought assurances that the reorganization plan would not stop them from pursuing claims against the airline.
If the BK judge accepts the reorg plan, based on the merger, allows it to move forward, what recourse, remedies would disgruntled creditors have? How about tax authorities?
Am I the only one who has concerns with the last paragraph:
Meanwhile, in court filings on Tuesday, tax authorities, airport operators, airline pilots, and bondholders among others asked for a delay of the merger and sought assurances that the reorganization plan would not stop them from pursuing claims against the airline.
If the BK judge accepts the reorg plan, based on the merger, allows it to move forward, what recourse, remedies would disgruntled creditors have? How about tax authorities?
#1427
Join Date: Jan 2010
Location: New York and Vienna
Programs: PA WorldPass Platinum, AA, DL, LH. GHA Black, SPG and HHonors Gold
Posts: 3,870
http://www.frequentbusinesstraveler....pilots-object/
Am I the only one who has concerns with the last paragraph:
Meanwhile, in court filings on Tuesday, tax authorities, airport operators, airline pilots, and bondholders among others asked for a delay of the merger and sought assurances that the reorganization plan would not stop them from pursuing claims against the airline.
If the BK judge accepts the reorg plan, based on the merger, allows it to move forward, what recourse, remedies would disgruntled creditors have? How about tax authorities?
Am I the only one who has concerns with the last paragraph:
Meanwhile, in court filings on Tuesday, tax authorities, airport operators, airline pilots, and bondholders among others asked for a delay of the merger and sought assurances that the reorganization plan would not stop them from pursuing claims against the airline.
If the BK judge accepts the reorg plan, based on the merger, allows it to move forward, what recourse, remedies would disgruntled creditors have? How about tax authorities?
#1431
Join Date: Jun 2011
Posts: 3,595
Saw this snippet on boarding area, thought it was pretty interesting:
Miami would serve as a great gateway to Africa. We have done some looking at points in Africa, but this is speculative and probably a little further down the road.
We feel that we are on par to Europe with Delta and United.
Asia is the one region in the world that when we merge were a little bit behind. We have a lot of focus on the right places to grow in Asia. Were behind United and Delta because they have old networks that are part of a post- World War II treaty with Japan so Asias been our focus of growth.
We feel that we are on par to Europe with Delta and United.
Asia is the one region in the world that when we merge were a little bit behind. We have a lot of focus on the right places to grow in Asia. Were behind United and Delta because they have old networks that are part of a post- World War II treaty with Japan so Asias been our focus of growth.
#1432
FlyerTalk Evangelist
Join Date: Nov 2004
Location: Melbourne
Programs: ►QFWP/LTG►VA WP►HyattExpl.►HiltonGold►ALL Plat.
Posts: 22,089
#1433
Join Date: Nov 2003
Location: ORD / MDW / FLL
Programs: DL DM/1MM, AA EXP, SPG Platinum, Hyatt Platinum, Marriott Platinum
Posts: 2,295
That'll be nice when traveling in the cities where there is no AC - PIT, BUF, CLT, etc. It'll be even nicer when the reciprocal EQMs start. I have limited options on my ORD-JAX runs that do not involve inconvenient connection cities unless I'm willing to sit for 2 1/2 hours in a barbie jet...which I'm not. CLT will be a very welcomed hub for me.
#1434
Join Date: Jul 2009
Location: Santa Monica and Siena
Programs: 10 MM + 2013, AA EXP,Lifetime AC ,Crown Room, Red Carpet,USAIR CLUB ,Hertz Plat, Hilton Dia, GS +++
Posts: 455
AA pilots deal with US Air- here's what to expect....
http://www.thestreet.com/story/12004...cm_ven=GOOGLEN
http://www.thestreet.com/story/12004...cm_ven=GOOGLEN
#1435
Join Date: Nov 2008
Location: ORD
Programs: AA PLT
Posts: 2,783
*AMR-US AIRWAYS DEAL SAID TO BE SUBJECT OF U.S. ANTITRUST SUIT - Bloomberg
#1436
Join Date: May 2011
Location: CT
Programs: HHonors Silver
Posts: 429
Aug. 13 (Bloomberg) -- American Airlines’ merger with US
Airways Group Inc. should be blocked, the U.S. Justice
Department will say in a lawsuit to be filed today, according to
a person familiar with the matter.
The move will upend American’s plans to exit bankruptcy
through a deal that would create the world’s biggest airline.
The department, in a lawsuit to be filed in federal court
in Washington, will say the proposed tie-up violates U.S.
antitrust law and would lead to less competition in the industry
and higher prices for consumers, according to the person, who
asked not to be identified because the matter is private.
Airways Group Inc. should be blocked, the U.S. Justice
Department will say in a lawsuit to be filed today, according to
a person familiar with the matter.
The move will upend American’s plans to exit bankruptcy
through a deal that would create the world’s biggest airline.
The department, in a lawsuit to be filed in federal court
in Washington, will say the proposed tie-up violates U.S.
antitrust law and would lead to less competition in the industry
and higher prices for consumers, according to the person, who
asked not to be identified because the matter is private.
#1437
Join Date: Oct 2011
Location: Texas
Programs: AA Lifetime Gold
Posts: 279
I bet AMR's corporate legal dept is freaking out... I'm sure FT's resident lawyers will weigh in, but seems like a big surprise and potential problem... LCC stock is down almost 9% on the news.
#1438
Join Date: Apr 2005
Location: PHX
Programs: AA Ex Platinum & 1MM, DL PLT, Marriott Gold, HH Diamond
Posts: 2,491
Aug. 13 (Bloomberg) -- American Airlines merger with US
Airways Group Inc. should be blocked, the U.S. Justice
Department will say in a lawsuit to be filed today, according to
a person familiar with the matter.
The move will upend Americans plans to exit bankruptcy
through a deal that would create the worlds biggest airline.
The department, in a lawsuit to be filed in federal court
in Washington, will say the proposed tie-up violates U.S.
antitrust law and would lead to less competition in the industry
and higher prices for consumers, according to the person, who
asked not to be identified because the matter is private.
Airways Group Inc. should be blocked, the U.S. Justice
Department will say in a lawsuit to be filed today, according to
a person familiar with the matter.
The move will upend Americans plans to exit bankruptcy
through a deal that would create the worlds biggest airline.
The department, in a lawsuit to be filed in federal court
in Washington, will say the proposed tie-up violates U.S.
antitrust law and would lead to less competition in the industry
and higher prices for consumers, according to the person, who
asked not to be identified because the matter is private.
On the other hand, better late to the party than not showing up at all ^
#1439
Original Member
Join Date: May 1998
Location: NYC
Programs: AA 2MM, Bonvoy LTT, Hilton Diamond
Posts: 14,795
This is unexpected.
#1440
Suspended
Join Date: Aug 2005
Location: BOS
Posts: 15,027
Aug. 13 (Bloomberg) -- American Airlines’ merger with US
Airways Group Inc. should be blocked, the U.S. Justice
Department will say in a lawsuit to be filed today, according to
a person familiar with the matter.
The move will upend American’s plans to exit bankruptcy
through a deal that would create the world’s biggest airline.
The department, in a lawsuit to be filed in federal court
in Washington, will say the proposed tie-up violates U.S.
antitrust law and would lead to less competition in the industry
and higher prices for consumers, according to the person, who
asked not to be identified because the matter is private.
Airways Group Inc. should be blocked, the U.S. Justice
Department will say in a lawsuit to be filed today, according to
a person familiar with the matter.
The move will upend American’s plans to exit bankruptcy
through a deal that would create the world’s biggest airline.
The department, in a lawsuit to be filed in federal court
in Washington, will say the proposed tie-up violates U.S.
antitrust law and would lead to less competition in the industry
and higher prices for consumers, according to the person, who
asked not to be identified because the matter is private.
AMR stock down 25%!