Originally Posted by
Tomahawk58
Just so we're clear, neither entity (AA or US) has presented a POR to the court. AA has an exclusivity period running through 9/28 absence an extension and Mr Parker has only produced promises written in the clouds to date. I'm sure he will present an alternate POR that will be considered alongside AA's plan.
At that point and only then will we all have something to compare. Everything to this point has been conjecture, my positions included.
Agreed with the above. However, we also must recognize that exclusivity period (currently a conditional extension) can be petitioned to be terminated by a majority of the creditors (5 of 9). That means 2 creditors aside from the unions, so the 9/28 date isn't without jeopardy.
Originally Posted by
Tomahawk58
What I want to see, and haven't to date is a POR that postions AA for long-term viability and profitability exiting the restructuring process.
I haven't seen that either. So far, AMR has not produced one and so it would appear they have no upper hand. All we have to go on is past and present statements and actions.The most recent statement to the press described Eagle taking over a large percentage of AA's remaining domestic flying at ORD with larger RJ's. Adding the fact Frank Lorenzo's former attorney has been retained, I think I can see where we're headed though.
Originally Posted by
Tomahawk58
You're now free to return to name-calling.
Is that all the rest of "us" are doing ?
You make it sound like everyone else's opinions here are simply the ramblings of misguided children, while you (condescendingly) are the paternalistic voice of reason.
