American-US Airways merger proposal expected to come soon

[wings396]

Yup, you can add Northwest to this list

No, I was refering to them already working with DL on a merger with DL behind the curtain when US showed up.

 

[gaucho99]

New study showing potential job losses in PHX if a merger occurs:

http://aviationblog.dallasnews.com/2012/11/chamber-study-projects-arizona-job-losses-fiscal-impact-in-us-airways-american-airlines-merger.html/


AMR pilot deal will help merger chances:

http://business-news.thestreet.com/dallas-morning-news/story/amr-pilot-deal-would-help-merger-analyst/11764959

 

[jetjok1]

Parker made some mistakes and got a few dui's. That's bad, no doubt but I don't believe any employee would be fired for a dui. He is still a good CEO, despite union's hatred of him. None of us, east or west woud have a job if not for him.

Rant all you want against him but he will laugh all the way to the bank.

He's a good CEO for who? Certainly not the employes!!

 

[USFlyer]

He's a good CEO for who? Certainly not the employes!!

Sure he is. You are working for an airline almost every industry analyst wrote off as dead at least twice. You are working for an airline that is now in a position to consider merging with another carrier bigger in size. You are working for an airline that has a strategy and is executing that strategy -- continued fleet renewal, focusing on the four core cities. You are working for an airline that is leading in DOT statistics after several years of being at or near the bottom. You are working for an airline that is respected by investors. You are working for an airline that has shown revenue growth. This is all good for employees.

 

[skinvalve]

AMR CEO says creditors need 70% equity for a merger deal. What's he really saying? Yeah that can happen or FAT chance!

 

[Phoenix]

AMR CEO says creditors need 70% equity for a merger deal. What's he really saying? Yeah that can happen or FAT chance!

Since the AMR CEO is NOT a creditor, neither is he in favor or the creditors choosing a merger, then I find it strange that HE is speaking for the creditors as if he knows what THEY need.

Since he opposes a merger then it stands to reason his comment is designed to impede the chances of it. Is he standing on the sidelines and yelling out negotiating proposals?

 

[cynic]

The AMR assets are probably worth close to 70% of the total value of a merged company. That number doesn't sound like too much of a stretch when you start looking more closely at it.

 

[robbedagain]

SO THEN IS THAT HOW TOM HORTON IS SAYING THE CREDITORS SHOULD GET 70%??

 

[Phoenix]

The AMR assets are probably worth close to 70% of the total value of a merged company. That number doesn't sound like too much of a stretch when you start looking more closely at it.

Which creditors was Horton speaking of?

The unsecured creditors don't have any claim to real assets.

Even so, the creditors can and will speak for themselves in due time.

 

[blue collar]

Sure he is. You are working for an airline almost every industry analyst wrote off as dead at least twice. You are working for an airline that is now in a position to consider merging with another carrier bigger in size. You are working for an airline that has a strategy and is executing that strategy -- continued fleet renewal, focusing on the four core cities. You are working for an airline that is leading in DOT statistics after several years of being at or near the bottom. You are working for an airline that is respected by investors. You are working for an airline that has shown revenue growth. This is all good for employees.

You are also working for an airline who is at or near the bottom in terms of compensation. That is not good for employees.

 

[700UW]

Sure he is. You are working for an airline almost every industry analyst wrote off as dead at least twice. You are working for an airline that is now in a position to consider merging with another carrier bigger in size. You are working for an airline that has a strategy and is executing that strategy -- continued fleet renewal, focusing on the four core cities. You are working for an airline that is leading in DOT statistics after several years of being at or near the bottom. You are working for an airline that is respected by investors. You are working for an airline that has shown revenue growth. This is all good for employees.

And your working for an airline who cant seem to merge two airlines in seven years!

Unheard of in this industry.

 

[EastUS1]

jetjok1, on 14 November 2012 - 08:44 PM, said: He's a good CEO for who? Certainly not the employes!!

Sure he is.

At least try to be even the least bit serious here.

 

[signals]

No, I was refering to them already working with DL on a merger with DL behind the curtain when US showed up.

Didn't that repeat itself with the UA/CO merger? After all, UA was credited with bringing CO in the Star Alliance...I hear they got US in. UA wanted to merge and guess who stepped to the plate? There was even talk of a three-way. And believe it or not, I read somewhere that Parker wanted the merger so bad, he said he would step down as CEO. I don't doubt he would have still wanted control behind the scenes. Whatever the reasoning, he would have made his money.

 

[nycbusdriver]

Sure he is. You are working for an airline almost every industry analyst wrote off as dead at least twice.

Both times before Parker took control. If you want to give credit where credit is due (at least for the last time US was written off), then give it to Bruce Lakefield. While still on the BOD, Lakefield is not directly involved in the operation.

 

[nycbusdriver]

The AMR assets are probably worth close to 70% of the total value of a merged company. That number doesn't sound like too much of a stretch when you start looking more closely at it.

Well, since AMR is twice the size of LCC, 70% is simple arithmetic.