Is USAirways hostile takeover Of AA for Real?

[AAviator]

I understand your desire to go from last to first in the industry..

I'd rather see our people have the opportunity to prosper than yours.

Nothing personal...

I think Horton can pull it off without LCC.

Once we emerge, LCC has some assets we could use, but more than half of your company will be useless to us, whereas 100% of AA is of extreme value to LCC.

And once we emerge, there's one more lower cost company for LCC to compete with...

(I know you've got a big heart, and this is all about you and you only)

 

[jersey777]

Are you on crack? I work for AA.

 

[AAviator]

Are you on crack? I work for AA.

LOL! nope,

You sound like the typical LCC'er..

Fair enough... I disagree with your position..

Funny, you knock me for posting dated info, then you post those..

Have you seen Neidl's latest position?

 

[olderguyAMT]

I understand your desire to go from last to first in the industry..

I'd rather see our people have the opportunity to prosper than yours.

Nothing personal...

I think Horton can pull it off without LCC.

Once we emerge, LCC has some assets we could use, but more than half of your company will be useless to us, whereas 100% of AA is of extreme value to LCC.

And once we emerge, there's one more lower cost company for LCC to compete with...

(I know you've got a big heart, and this is all about you and you only)

If the AA/US merger happens in BK, there would still be enough money after BK using the cash from investors and from stock offering to buy B6 Jet Blue. Is that part of Doug Parker's plan?

 

[AAviator]

Probably not. AA/LCC combined will be the largest carrier... Doubtful it would pass all the regulatory b.s.

 

[will fix for food]

Does this mean I will be getting a new " Two great airlines, One great future" hat?

 

[olderguyAMT]

Probably not. AA/LCC combined will be the largest carrier... Doubtful it would pass all the regulatory b.s.

NO biggie passing the anti-trust regs for the AA/US merger. A triple NO vote from the big 3 unions will take it one step closer in BK court. Parker is trying to hammer out some details with Horton, to avoid a struggle which he is prepared to undertake. Horton may be forced to capitulate.

 

[Toothy Grin]

LOL! nope,

You sound like the typical LCC'er..

Fair enough... I disagree with your position..

Funny, you knock me for posting dated info, then you post those..

Have you seen Neidl's latest position?

I have not. Where is the link? Perhaps my research on google is shabby these days, but quotes in the news outlest don't show any chanage to his position...neither does his column on Bloomberg.

Also, Parker's behavior is what happens all the time to get a deal done...when somebody really wants it. Have you never seen people vie for a vp position? Do you know what actors do to get a role in a major movie? Do you know what people do to get their film funded? Real estate deals?

And finally, I'd say for most people, save for you, who are interested in the US/AA deal most are NOT concerned about losing their identities, they are concerned about losing their jobs. You are not AA, so hopefully you don't go to bed wearing AA pajamas...you are an employee of AA, that's it.

BTW, here is one writer's analysis of what an AA merger would bring with the various airlines under consideration. SWA is not mentioned.

http://www.star-telegram.com/2012/07/14/4099224/of-american-airlines-possible.html

 

[AMFAinMIAMI]

What I dont understand about the Pilots and F/A wanting to merge with USAir is the fact they both belong to Unions that were created be AA employees. So what will happens to them? Do they think they will get a fair shake?
USAir screwed it's mechnaics so why would we support this either? They have an industrial union, don't you think that the IAM and TWU will work together to screw us as well.

Time to sign AMFA cards rid AA of the TWU

 

[PITbull]

http://www.dallasnews.com/business/airline-industry/20120717-american-merger-with-us-airways-has-merit-says-ceo-of-british-airways-parent.ece


A "go of it", indeed. Consolidation will only mean that labor will work at the bottom of the food chain for the next decade, and less competition in the industry will mean less capacity, higher fares, and eventually....the industry will once again be REGULATED.

Just as I predicted back in 2002, actually wrote it on this very board about the "domino effect", starting with US Airways BankruptCIES. All the legacies will get their "free passes", screw labor, creditors, stockholders, investors, and taxpayers, and then enventually, through consolidation, screw the flying public until the government will have to step in... as this all effects United States commerce.

Such is the Greed Beast, unchecked, begets more greed and more greed, until finally, the pendulum swings back.

• 
  

 

[700UW]

http://www.huffingtonpost.com/huff-wires/20120725/us-american-airlines-ceo-interview/

 

[MCI transplant]

Does this mean I will be getting a new " Two great airlines, One great future" hat?

Hell fix! I'll sell you mine!-----Cheap!!!!

 

[1AA]

American CEO bashes US Airways; calls it desperate

http://xfinity.comcast.net/articles/finance/20120725/US.American.Airlines.CEO.Interview/?cid=hero_media

 

[wings396]

And Tom is just as desperate to line his pockets post BK...

 

[WorldTraveler]

And Tom is just as desperate to line his pockets post BK...

That refrain is often heard - apparently while forgetting that the creditors are no more interested in watching their recovery be diminished to line AA CEO's pockets than they are for any other reason.
Horton and Co. work for the creditors; their role is to manage the enterprise to create the maximum value for the creditors.
But don't believe for a minute that the creditors are going to fatten anyone's wallet while short-changing themselves.

It is a good thing that AA execs are being forced to look at all kinds of options - and I suspect Horton really did not want to do that.... remember, there have been creditors and bondholders over the past several months that have pushed the idea.

It is precisely as each scenario is examined that the value of each against a standalone AA will be measured... the intention is that the process SHOULD ensure that every party will be fairly evaluated which is what the creditors want to ensure THEIR best alternative is picked.

BTW, a Morgan Stanley analyst asked the following question of Richard Anderson on DL's conference call today....

John Godyn – Morgan Stanley
"...as we think about scenarios surrounding American’s emergence and the possibility of M&A, is this a situation where you think the outcomes are out of your control or does Delta have the ability to drive the situation toward outcomes it favors?

Richard Anderson
As a matter of policy, we do not comment or speculate on transactions of that nature. I would just say that overall, one, at Delta we will continue to always control our destiny. And by pushing a lot of different opportunities and leverage across the business and, number two, global consolidation is good for the business model."

whatever that means