US Airways CEO: We don’t have to merge, but maybe it makes senseRead more here: http://www.charlotte

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Please do not drag Tourette's syndrome into this. My son has this and it's difficult on a daily basis. Why don't you go to Tourette's society website and educate yourself !!!!!!!!!!!!

Sorry about your son, I'm sure it is very challenging. Sometimes people post on here without really thinking, I know I've been guilty several times in other matters.
 
Mergers and Acquisitions Roundup: AMR Back in View, Yahoo’s Ad Business

AMR’s creditors committee (which includes union membership) gives US Airways a thumbs up as the carrier considers making a takeover offer, according to Bloomberg. Meanwhile, AMR and the unions haven’t reached a new labor agreement, and in return the company says that it will ask for approval to void the existing contracts if acquisition talks fail.
 
If USA320Pilot weren't hopelessly biased, he would have reported this too:


http://www.bloomberg.com/news/2012-03-25/british-airways-may-buy-stake-in-american-airlines-times-says.html
 
If USA320Pilot weren't hopelessly biased, he would have reported this too:


http://www.bloomberg.com/news/2012-03-25/british-airways-may-buy-stake-in-american-airlines-times-says.html
I am not saying they can't do this but I thought it wasn't allowed for foreign companies to own a stake in US companies . Is that true ??
 
I am not saying they can't do this but I thought it wasn't allowed for foreign companies to own a stake in US companies . Is that true ??
Last I heard they can't own a US airline but that does not prevent them from buying stock. The Busch admin flirted with changing it and frankly i suspect it's only a matter of time before all our airlines go the way of Anheiser Busch.
 
Last I heard they can't own a US airline but that does not prevent them from buying stock. The Busch admin flirted with changing it and frankly i suspect it's only a matter of time before all our airlines go the way of Anheiser Busch.
Ok thanks :)
 
Foreign investment is allowed as long as a US entity owns 50% of the stock, and 75% of the voting rights.

For example: BA could finance the buyout of B6, hand it to AA along with a check for 10 billion.. So long as AA maintains 50% ownership and 75% of the voting rights.
 
Foreign investment is allowed as long as a US entity owns 50% of the stock, and 75% of the voting rights.

For example: BA could finance the buyout of B6, hand it to AA along with a check for 10 billion.. So long as AA maintains 50% ownership and 75% of the voting rights.
Can BA help US finance a Buy Out of AA ? Just asking . Don't be a smart A$$ about it ..
 
Can BA help US finance a Buy Out of AA ? Just asking . Don't be a smart A$$ about it ..
In theory, yes. But one would have to consider why BA hasn't persuaded LCC to join OneWorld in the first place. It could enjoy the limited benefits of LCC without investment.
 
In theory, yes.
Just as BA could help AA finance a buyout of US, take the CLT facilities needed to have the hub, slots in DCA/LGA, and dump the rest. AA could then take US' cash, use it to pay back BA, and everyone would be happy except the US employees who would be out of a job.

Jim
 
Just as BA could help AA finance a buyout of US, take the CLT facilities needed to have the hub, slots in DCA/LGA, and dump the rest. AA could then take US' cash, use it to pay back BA, and everyone would be happy except the US employees who would be out of a job.

Jim
Jim ..sometimes you annoy me but that's just me . Didn't you retire from US? Why do you always find a way to just jab a sharp object into the US people ?? Have some kind of loyalty at least to the employees ..Jeeez .
 
They will merge, they will merge not, they will merge, they will merge not, they will merge, they will merge not, ..........


US better merge, or you'll never live this one down, LUSers :rolleyes:
 
Jim ..sometimes you annoy me but that's just me . Didn't you retire from US? Why do you always find a way to just jab a sharp object into the US people ?? Have some kind of loyalty at least to the employees ..Jeeez .
Sure, he retired from US, but not before two bankruptcies slashed his pay and slashed his pension (thru distress termination and handover to PBGC).

Unlike many people who post here, he's not a fanboi for the airline that once employed him.

Two bankruptcies, slashed wages and still the highest consolidated costs of any network airline. US is in desperate need of a white knight. I don't think that knight flies shiny airplanes with red, white and blue stripes, but I've been wrong before.
 
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