Originally Posted by
Gone Flying
how would a merger help? Mergers take years and require upfront capital to invest in the merger process. To my knowledge there is not a single airline even close to making money right now (regionals aside) so I doubt much would be gained in a merger right now.
CH11 could happen but there would have to be a rebound in flying so AA can generate the cash flows needed to run the business but not necessarily service it’s debt.
i don’t have any ideas of a merger, my point was most assume the doj won’t allow anymore big mergers, well hopefully that same government won’t let AA liquidate. That’s what I’m worried about, if the recovery is as weak as people think, then we will file next year sometime. I defer to those who know more about finance, but I know our union believes this to be a likely outcome.