Originally Posted by
Sink r8
Of course, the reason not everyone's not on board is because they view the plan as not aggressive enough, and if it's aggressive enough, it probably means you're not going to look it. That is to say "everyone but the three unions on the committee" is interested in increasing the value of their claim, and that "requires" talking consolidation.
Or maybe it would be sufficient if Horton let discussions of a merger drive the debt up, as Parker did for DAL, and they can sell the debt to some other suckers, and then there can be a serious discussion about to actually have AMR function as an airline.
I'd think its more the banks preferring to get a big return quickly, instead of shooting craps long-term, thus anything that facilitates a quick payout and as much $$$ as possible. As far as the plan, it's seems just a warmed over version of what they been doing all along..........just with cheaper labor and more outsourcing.
The average airedale could come up with that plan.