signals
Veteran
You beat me, WT! See my above post!and to think I didn't even write it... but this is exactly the type of microscope under which AA/US would have to go under... and why AA mgmt is highly unlikely to support it since they serve the creditors who will see all kinds of red flags in the deal.
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AA standalone is still first choice.. and if US forces a bidding process - which they very well may do since they have EVERYTHING to lose by allowing AA to successfully restructure and then be forced to compete against AA, DL, and UA on the east coast - then US will certainly lose - which is why US will keep trying because any hope of success is better than the certain failure that US faces.