GW258, agreed. JB is just AMR's way of disinformation and misdirection.

When AMR looses there exclusivity in BK then we will know what happens.
I dont think a judge is going to allow Horton to buy anyone while in BK, so the cards are still in US Airways favor to merge while AMR is in BK. The only way JB can have a hand in any merger right now is to make a run on AMR while in BK.

Besides since wall street controls the money and they want the US Air and AA merge, Horton is just playing for time to get the management bonuses and parachutes taken care of first.