WSJ: Delta, TPG Assessing Bids for American Airlines

[Super FLUF]

This was the topic on my blog today... I've been taking a breather, but this was too much to pass up on.

You do a good analysis on the prospect of a full-fledged AA/DAL hook up, but I think the scenario that is more realistic and that most are concerned about is a break-up of AA.

For reasons you highlighted, there is NO WAY DAL wants all of AA. I think that they highly cover certain assets. Their biggest prizes would be (in order) MIA, certain assets in NYC, and DFW. This would lead to some sort of multi-party deal that would involve assets being split between DAL, UniCal, and USAirways.

I think that is a remote possibility ("too big to fail" comes to mind, especially in an election year) but nonetheless, a possibility.

BTW I saw a group of FA's congregating in DFW this morning so I gravitated over to hear what was going on. Mini-union meeting with a report about yesterdays meeting with NMB. So much for Horton being different. The same ol same ol coming out of Centreport. Company has no business plan and will be going on a slash and burn 1113c jihad. NMB said it was going to mediate the negotiations and the company was whining about that. Brundage was there and was making all sorts of threats and demeaning comments. (Haven't heard anything out of APA about the meeting)

"Meet the new boss. Same as the old boss."

 

[strikeforce]

So much for Horton being different.

"Meet the new boss. Same as the old boss."

What do guys think Horton's some messiah.....he's from the same mold as Carty & Arpey. Has not been to impressive in his 30+ days in office.

Are you surprised that AA doesn't have a business plan......why else are they hiring all of these consultants. It shows that management is really clueless on running an airline, besides into the ground!!

Look, anyone with 10+ years will tell you that this airline is rudderless, engines shutdown, and yoke forward.....what happens after that??????? Can you say lawndart!!!! Welcome to American Airlines!!!!

The TWU, APA & APFA are a bunch of buffoons for giving this inept management team 1.6B of our hard earned money. Thanks for doing a great job guys!!!!!!!

 

[Mr Red]

What do guys think Horton's some messiah.....he's from the same mold as Carty & Arpey. Has not been to impressive in his 30+ days in office.

Are you surprised that AA doesn't have a business plan......why else are they hiring all of these consultants. It shows that management is really clueless on running an airline, besides into the ground!!

Look, anyone with 10+ years will tell you that this airline is rudderless, engines shutdown, and yoke forward.....what happens after that??????? Can you say lawndart!!!! Welcome to American Airlines!!!!

The TWU, APA & APFA are a bunch of buffoons for giving this inept management team 1.6B of our hard earned money. Thanks for doing a great job guys!!!!!!!

I AGREE !

 

[strikeforce]

I AGREE !

And, let just add that the airline industry as a whole has been infested with inept management people that don't have a clue running their crew besides running the whole airline. So, it really doesn't matter who buys AA. With any capital investment groups....they're just going to dismantle AA and keep the good parts....if there are any.....and sell off the rest. As an employee, I wouldn't be comfortable with either scenerio. I say keep the dumb management team we have in place right now and hope this ship sails for another 10 to 15 years......and then I'm gone!!!!!!!!

 

[Duke787]

http://www.businessweek.com/news/2012-01-13/amr-as-last-plum-stirs-interest-after-airline-ranks-cut.html

According to this article, Delta is less interested in merging with AA and more interested in picking up the pieces off of AA after Delta muddles with AA's BK. Article also says US air more likely to be involved in any merger.

 

[eolesen]

I think the scenario that is more realistic and that most are concerned about is a break-up of AA.

Again, a topic for another week, but that's exactly what I alluded to when I said I didn't see a deal coming out which essentially divides up the country between the #1 and #2 player, with a few scraps thrown to US...

There also is no need to do a break-up on the order of what happened with Pan Am & Eastern, or to a lesser degree, with TWA. Things have changed a lot in that regard due to Open Skies treaties. There's little AA has right now as far as international route authorities that any other airline couldn't also obtain organically. If DL wanted to re-launch the DFW hub tomorrow, it's a phone call away.

So much for Horton being different. The same ol same ol coming out of Centreport.
.snip...
"Meet the new boss. Same as the old boss."

Blunt transparency appears to have been part of the negotiations all along. You guys are so used to the lies, smoke & mirrors, etc. that maybe you just didn't realize that they've been telling you exactly what they wanted all along.

That's what I suspect will be different about Horton, just on a larger scale.

 

[Chuck Schalk]

To use round numbers, DL has about 6000 M&R compared to AA's approximately 11,000, and yes, there would be an election. The real shame would be if the TWU won that election.

What would be the TWU platform to sell the DL people to vote for their union representation?

 

[tech2101]

WT must have dropped from a massive heart attack when finding out that DL is even taking a glance at the American Airline...

 

[777flyer]

Get your facts straight..... TWA F/A are not getting anything back, stop stirring up trouble.

I pray that DAL or USAir buys the assets it wants from AA in BK court and then staples your ass to the bottom of it's seniority list without any negoiations on the subject. How does occ seniority 4/1/2013 sound to you? Sounds fair and equitable to me.

 

[JFK Fleet Service]

I pray that DAL or USAir buys the assets it wants from AA in BK court and then staples your ass to the bottom of it's seniority list without any negoiations on the subject. How does occ seniority 4/1/2013 sound to you? Sounds fair and equitable to me.

Don't stroke out at the keyboard on us now...

 

[Buck]

AMR-DAL Market Share

Bloomberg

 

[CactUS4Ever]

What comes around goes around. I Love Karma. ex-TWA finally feel satisfaction.

 

[CactUS4Ever]

I Love the way were supposed to be union brothers and sisters but when AA bought TWA the TWU treated us TWA employees like step children and gave us 4/10/2001 seniority. Thank You TWU garbage union hope u lose all your members and you go bankrupt.

 

[CactUS4Ever]

I Love the way were supposed to be union brothers and sisters but when AA bought TWA the TWU treated us TWA employees like step children and gave us 4/10/2001 seniority. Thank You TWU garbage union hope u lose all your members and you go bankrupt.

 

[TWskyliner]

No matter how deserved...wishing bad karma on someone else is creating bad karma for you.