Originally Posted by
keysersose
If AAL goes through chapter 11, they would come out very lean but with some incredible assets left over.(I Assume) The DFW, CLT, DCA and MIA hub. The gates in LAX and ORD. Assuming they hold on to most of these in bankruptcy, they would need a merger partner to fill the holes for all the new aircraft that they are bound to lose in bankruptcy. I could see many reasons for it. Our board would probably be in the drivers seat and some would end up on the new board with some of our executives running things. It would be a carrier that completely owns the East Coast.
It would be a disaster for mid to senior Jetblue pilots. We would be merging with an airline that would have thousands of pilots on the street. It would be AWA/USAir all over again but I doubt we would get the deal the AWA guys got just because we still had jobs.
Let me understand this: AA guys are now coming to the JetBlue board, “hoping” for a merger with B6, because you have soo much debt you’re concerned about Ch11 and maybe even Ch7, yet still believe your board and pilots deserve to have the upper hand. How about some humility folks. And people also think B6 folks should be elated to fly wide bodies, or to work for one of the Big 3. Wow, look at the balance sheets of WN and B6 folks, have we not learned anything from this crisis. Just glad to be a part of a company that has low debt and hoping for organic growth after covid. Good luck to all.