Any news on TLV service and AA's obligations?

[700UW]

The AA TLV issue has been taken care of . The New AA will have no issues operating into Israel moving forward .

If it has been taken care of AA or US would have to file it, AA in court and US in their financial reports.
 
Nothing has been made public like it has to be, so I doubt the issue has been resolved.

 

[Dont call me Shirley]

Deny access to fuel, catering, ground handling, etc.  No need for a SWAT team to come seize the airplane with great fanfare and drama.
 
 
Or, simply a lien from the Israeli courts...

 

[Kev3188]

The AA TLV issue has been taken care of . The New AA will have no issues operating into Israel moving forward .

 
 
Source?

 

[wings396]

Fwiw, etops usually has pretty good information.

 

[Dont call me Shirley]

Sorry to revive an old thread, but there is something new to report.  AA reportedly will start MIA-TLV in 2015.
 
http://www.themarker.com/news/aviation/1.2272972
 
Rather choppy Google translation  (can any Hebrew speakers improve on it?): 
 
American Airlines completes realignment towards  completes realignment towards Israel and the consolidation entry with a yo. Assists Airways. The company will start a new organizational structure in the country in June this year which will be based on a union with the Ministry of airline yo. Assists Airways Israel. So far, American Airlines represented by the General Sales Agent (GSA) in Israel - Tal Aviation.
United Airlines American Airlines - yo. Assists Airways will continue to operate at this time a regular daily flights to and from Ben Gurion Airport to Philadelphia. Although, according to the new plan, it will add new destinations to direct to and from Israel. For example, examine the opening of direct flights between Ben Gurion Airport New Miami and from season Spring - Summer 2015

 

[SS255]

איזה יופי

Translation: "How nice!"

And I was able to understand enough of the article to learn how to say "Airline Alliance" in Hebrew. I never learned that phrase in Ulpan (intensive Hebrew language class) when I went to school in Jerusalem for a semester.

Oh, and "oneworld" in Hebrew is pronounced "Vun Vurld."

 

[AdAstraPerAspera]

Do we think it will operate using a 787?

 

[Dont call me Shirley]

From this article in Haaretz, it looks like the TWA folks have not been paid.
 
http://www.haaretz.com/mobile/.premium-1.563892?v=E44E60EB612F3C70C639BA04974F2E16

 

[FWAAA]

From this article in Haaretz, it looks like the TWA folks have not been paid.
 
http://www.haaretz.com/mobile/.premium-1.563892?v=E44E60EB612F3C70C639BA04974F2E16

That article is dated December 17, 2013, a week after the merger closed.    Dunno whether anything has changed since then.   
 
At least two possibilities come to mind:   
 
1.   Perhaps new AA has taken care of this;   or
 
2.   Perhaps new AA is confident that new AA isn't liable for TWA's debts in Israel and that there is no danger that the ex-TWA employees in TLV will be able to seize an airplane belonging to US Airways or American Airlines, both wholly owned subsidiaries of AMR (now named American Airlines Group).   

 

[Dont call me Shirley]

That article is dated December 17, 2013, a week after the merger closed.    Dunno whether anything has changed since then.   
 

Thanks, I missed that...

 

[USFlyer]

If a plane flying to TLV is leased, AA/US doesn't own it, so I doubt it could be seized and sold to pay AA creditors.  That might be why no one seems concerned about this.

 

[nycbusdriver]

If a plane flying to TLV is leased, AA/US doesn't own it, so I doubt it could be seized and sold to pay AA creditors.  That might be why no one seems concerned about this.

 
Leased or not, the contracts between the airport, the vendors and those servicing the airplane are likely with AAG, not whoever is the registered owner.  The Israeli government could easily evict the airline from its ticket counters, refuse to process and screen passengers, refuse to move the jetway to the airplane, refuse to allow fueling and repairs, refuse to provide power or tug, etc.  It truly does not matter who actually owns the airplane, only who is operating it.
 
When you rent a car and do nefarious deeds while using it, the police and courts will seize that car (at least in the short term) and possibly never return it to the owner without a lengthy and expensive court fight.
 
It's hard to argue "it's not my airplane; it belongs to the Citibank" when the name plastered on the side in 10 foot tall letters says: "American Airlines".

 

[FWAAA]

If a plane flying to TLV is leased, AA/US doesn't own it, so I doubt it could be seized and sold to pay AA creditors.  That might be why no one seems concerned about this.

I have to agree with nycbusdriver.   The method that AA/US chose to finance the acquisition of the plane is irrelevant to foreign creditors.     Leased widebody airplanes have very large monthly payments even if AA/US have no real equity in the airplane.   If some creditors in a foreign country were to seize that widebody airplane, do you think that AA/US would be relieved from those monthly payments?   Would Parker call the lessor and say "your airplane has been seized in TLV and thus AA/US will no longer be making those monthly payments"?    
 
Same result for an "owned" airplane.   AA/US do not own any unencumbered widebody airplanes.   The ones listed in the 10-K as being "owned" are all serving as collateral for debt.  They're mortgaged.   If creditors in TLV were to seize an "owned" widebody, it could not be sold, same as the leased plane.   You can only sell an airplane if you can deliver good title to it, and whether the plane is leased or owned subject to liens, the seizure of the plane would be to motivate AA/US to write a check, not to sell the plane.   The payments on the plane are still owed to the creditor, and AA/US isn't going to want to make payments on a plane it cannot fly.   Further, the seizure of a leased or encumbered plane probably causes a default in the lease or the mortgage which accelerates the entire principal amount.   If a plane is seized in a foreign country,  and the court system is unwilling to order the asset returned to AA/US, then the creditors are going to win, and management will pay them.   

 

[USFlyer]

If Israeli law is similar to US law, you cannot seize a leased asset to pay the debt of a lessee.  Mortgage assets are different, but any sale would still be subject to senior lien holders.  Also, again, if Israeli law is similar to US law, civil judgments are only good for a period of time, after which they are no longer collectible.  (Where I live in the US, it's 12 years.)