Originally Posted by
AA767AV8TOR
I just don’t see this happening, at least not anytime soon. The big play AMR is banking on is a merger with BA/Iberia, which is supposedly coming this fall or winter. AA and BA have been working to make this happen for a decade. AMR is not thinking domestically as much as globally.
AA767AV8TOR
I agree that AMR is much more concerned about getting approval for the BA/IB deal but I wouldn't put it past our government to demand a quid pro quo.
For example, Parker and Tilton tell key Congressmen and Senators they're going bankrupt and this time, without an available credit market plus the fact that they've hocked everthing already, it'll cause the companies to close their doors, Chapter 7. The boobs in Washington hear the sound of voters in their district losing their jobs and they see they have the power to make demands on AMR in order to grant the BA deal. Congressmen call on Arpey/AMR and say "We've got a deal for you, buy ...LCC/UAL or parts of it and we'll grant you the BA deal this fall." It will ensure everyone suffers a little instead of half the crowd suffering a lot.
Call me a conspiricy theorist but I don't trust executives in this country OR Congress.