subrat-well said. the economy is not going to do well next year. aa requires to much control of another company to feed its operations and does not guarantee to make up those loses. Those who have not decide as they say but will go to AA will vote yes, because they are looking out for themselves. Why, because they get the loan, which will disappear quickly with in 3 months of spinoff.
I just tell them, can you live with this agreement for 10 years if you dont leave? The dumbest looks I have ever seen when they are asked that. They come up with wishfully scenarios to justify, like retirements, new aircraft and growth at AA. Blinders on as always. AA will have a 15% reduction in staffing requirements due to change in work rules, the new aircraft and the average 3-4 % annually shrinkage at AA. Lets not forget they wont get the A/B fund unless they have a number today at AA.
So they may vote yes here and leave but karma will bite them over there and they will be worse off than before.