AA-MRO.COM
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- Mar 12, 2012
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Expect there to be 3-4 scenarios run against AMRs standalone plan, including USA/UAL/DL/TPGIAG. Some very weird and not necessarily good things can happen when your in BK.
What are the chances that the contracts will be abrogated now?
With the latest news that American is ready to study the sale and merger options, WHY THE F##K WOULD YOU LOCK YOURSELF INTO A SIX YEAR CONTRACT !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!VOTE NO
What are the chances that the contracts will be abrogated now?
Probably very close to 100% unless the unions approve LBOs (which I doubt will happen).What are the chances that the contracts will be abrogated now?
Separate issues. There's no way anyone would take AA with the current workrules.
Parker may not be the highest bid when this is all done, an asset sale and C7 the rest is one rather scary possibility.
http://www.theflyont...oomberg-reports
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[video] Breaking News: AMR Corp's Potential Consolidation