Originally Posted by
satpak77
Duly noted. However, why couldn't AA be broken up, if DAL and UAL comes into the picture ?
Take DFW, take the hubs, take the gear
Break it up and let LCC die on their own, unable to compete with the new monster on the block.
AA is the pink sheet, Ch.11 company, last time I checked. LCC is not. Who is the wounded animal subject to being victimized ?
Sure anything
could happen. Virgin Galactic could buy the DFW hub and transport people to the moon.
Realistically, an AA Chapter 7 scenario isnt as likely as a full blown AA/BA merger in my opinion (despite the current laws). If AA was really in the "Oh poop, we are F-ed" mode then I could see BA+TPG making some sort of cash injunction to save the company from Ch7 at the least.
The dreams of DAL buying MIA/DFW and UAL taking ORD are freakin nonsense. AA being parted out and sold would be the END of the oneworld alliance. None of the core oneworld members would let that happen (except maybe Cathay because they like being aloof).