Originally Posted by
eaglefly
Loos like confidence in AMR management is beginning to waiver. Considering the last 10 years, is this a surprise ?
They've already torpedoed 3 of 7 unsecured creditors (but they're labor and no one cares about that). Now outside creditors are joining the skeptical. I've said before, AMR management has created a trojan horse and if they fumble the ball (which appears increasingly likely), they'll simply be presiding over a fragmentation as all within the horse seek to abandon them as they will once again demonstrate their inability to RUN an airline.
AMR filed because they didn't want competitive labor cotracts, they wanted to GUT the contracts. Sure they had a lot of cash, but without the confidence of those that produce for them, others who must be paid start to become scared. Labor, the PBGC and now creditors, it seems management is running out of friends.
This may be the first indication this is about to unravel.
It's like you're desperately wishing for some sort of hostile bid. Why that is I can't quite comprehend for someone who's an AA pilot, since the work environment would be much more onerous with a US unsolicited offer. It's not going to happen!
Think more along the lines of a J6 plan which offer much better synergies.