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Old 08-21-2013 | 06:37 PM
  #137586  
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Timbo
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From: Going to hell in a bucket, but enjoying the ride .
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Originally Posted by Bucking Bar
In other news, American reported it has no other plan to exit bankruptcy and will need to start over with creation of a stand alone plan then negotiate with creditors and the Courts if their merger with US is quashed. They estimate that process would take another 2 and 1/2 years. They pulled about 1.5% capacity down starting this fall.

Plane Business Banter put out the analysis created by Brett Snyder outside their paywall .... executive summary ....The DOJ says they relied on an outside consultant for their analysis and is claiming "work privilege" to keep their data away from public scrutiny.

By Popular Demand: PlaneBusiness Analysis Of GAO Report on American Airlines-US Airways Merger | PlaneBuzz

IMHO it appears the DOJ failed to consider what happens to American without the merger and made erroneous assumptions based on growth faries and financing from the sale of unicorn tears.
And let the political games begin.

Now we'll see who the state of Texas loves more, American or SWA?