Thread: US Airways Said to Develop AMR Merger Plan to

  #295  
lolwut , 04-20-2012 08:17 AM
Gets Weekends Off
lolwut
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Quote: The AMR BOD will not give the keys to it's Ferrari to Parker without warning. Put a scratch on the paint and you're gone. I'm sure Parker is aware of this. He will deliver, or else!!
The BOD doesn't really get a say. There are 9 creditors that are running things. The unions are 3 of the 9, and the PBGC is another. US has deals with those 4 already. 1 more and they have a majority of the creditors onboard.
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