Because Horton and his band of merry men stand to split an enormous amount of money if they can get AA out of bankruptsy court as a stand alone. Doesn't matter what happens after that...their pockets are full.
I was talking about the fact that there was no merger prior to AA's BK. If this is such a home run, why didn't it happen prior?
Because a 3 way (United, American and Delta) keeps capacity in line and makes the other carriers of no serious consequence.
Does not compute from a competitive perspective. DAL want to kill its competition, as does UAL. Should we believe in the tooth fairy too?
They either didn't have a clue how to run a company that size (Colodny, Schofield) or were satisfied to rape the company(Wolf). They had no vested interest in the long term vialbility of the company once "they had theirs".
So what happened next? If all the parts are there for the global carrier of choice,..... where is it?
Because capacity restraints and profits go hand in hand. He sees an opportunity...Horton hears a who.
He sees his last hope....
Anything is possible.
You betcha!
It didn't work for TWA. Why would it work because you changed the name on the place?
TWA was supposed to add assets and mass..... Ring familiar?
Ask Horton.
I was asking you.
Like I said, anything is possible BUT, without a significant change in the revenue picture, AA can't sustain itself on the proposed cost structure (based on what I saw at the presentation) for any length of time. Also, the proposed increases in capacity can't do anything but make the profit outlook worse. But it sure preaches good, doesn't it?
NDA info? How does Parker know what the new cost structure is? Absolutely love your altruistic position there too 'driver
Driver...
