US Airways Confirms It Has Hired M&A Advisors For Possible AMR Takeover

[AAviator]

Today USAPA CLT Domicile Rep. and USAPA president candidate Bill McKee wrote a campaign letter to US Airways' pilots. McKee informed the pilots he attended the recent Board of Directors Labor meeting where Doug Parker discussed M&A activity. MdKee said, "Doug Parker has always been an advocate of consolidation and the fact that AMR is now in bankruptcy, the possibilities of industry consolidation are almost certain. In the recent Board of Directors Labor meeting, Doug Parker told the group that we are interested in any and all opportunities and felt certain that the AMR bankruptcy process dictates a 9 month window of opportunity for consolidation. He felt certain Delta was serious in their efforts, as were we, in exploiting any and all opportunities. His statement to the group 'as you are all painfully aware, bankruptcy delivers unique opportunities that would normally be unavailable" left no doubt to anyone in the room that he intends to attempt to participate.'"

Chip. what happens when this window closes??????

Got an update for us?

Your fountain of knowledge has been running a little slower lately.

Anything newsworthy?

h34r:

 

[robbedagain]

apparently yesterday dp and horton met in dc over breakfast and the discussed merger options i think this is just the beginning of a long long process but we shall see for links go to www.justplanenews.com thats where i read the articles

 

[AAviator]

LOL!

Been posted here a half dozen times!