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Old 03-28-2020, 03:57 PM
  #21  
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Originally Posted by chrisreedrules View Post
I think this is in fact a real possibility. But I think if any 1 legacy declares the other 2 won’t be too far behind. The legacy that declares first will gain some immediate cost advantages by being able to shed unserviceable costs and immediately begin renegotiating labor contracts which would have a longer-term savings benefit. Yes they will lose market share, but will the other 2 be in any position to come take it in the event things are so bad bankruptcies are being declared? No. They won’t. They’ll be faced with the reality that they too are bleeding cash (even if they have more of it and less debt) combined with competing against another airline with a new found inherent cost advantage.
it would be very tough to cut pilot pay. there would be zero way to attract pilots compared to other airlines.
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Old 03-28-2020, 03:58 PM
  #22  
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Originally Posted by diva View Post
When others run out, investors jump in.

I’m hearing from a good source American is quietly looking at the possibilities of buying Alaska now at a significant reduced price cap.

Anyone else hearing the same with more info on this?
Feds won't allow it, they just told Hawaiian and JAL they can't do a JV.
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Old 03-28-2020, 04:00 PM
  #23  
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Originally Posted by Al Czervik View Post
it would be very tough to cut pilot pay. there would be zero way to attract pilots compared to other airlines.
In a hypothetical bankruptcy scenario I doubt there would be a need for the number of pilots AA currently has.
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Old 03-28-2020, 04:16 PM
  #24  
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Default American to buy Alaska...

My best friend's sister's boyfriend's brother's girlfriend heard from this guy who knows this kid who's going with the girl who heard American is buying Alaskan out at 31 Flavors last night. I guess it's pretty serious.
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Old 03-28-2020, 04:34 PM
  #25  
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Originally Posted by Slaphappy View Post
Feds won't allow it, they just told Hawaiian and JAL they can't do a JV.
Actually, the DOT did allow some aspects of the JAL/HAL codeshare to expand (https://thepointsguy.com/news/u-s-li...d-partnership/).

With that being said, I'm not sure comparing the JAL/HAL JV with this latest rumor is accurate. The proposed JAL/HAL JV involved a domestic and a foreign airline. And while other JV's between US domestic and foreign airlines have been allowed, a merger between two domestic airlines (such as AS/AA) compares to a JV between a domestic and a foreign airline is like apples to oranges in this context.
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Old 03-28-2020, 04:47 PM
  #26  
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Originally Posted by paulcg77 View Post
Actually, the DOT did allow some aspects of the JAL/HAL codeshare to expand (https://thepointsguy.com/news/u-s-li...d-partnership/).

With that being said, I'm not sure comparing the JAL/HAL JV with this latest rumor is accurate. The proposed JAL/HAL JV involved a domestic and a foreign airline. And while other JV's between US domestic and foreign airlines have been allowed, a merger between two domestic airlines (such as AS/AA) compares to a JV between a domestic and a foreign airline is like apples to oranges in this context.
Either way it shows that the justice department won't rubber stamp every JV or Merger.
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Old 03-28-2020, 04:50 PM
  #27  
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Originally Posted by Slaphappy View Post
Either way it shows that the justice department won't rubber stamp every JV or Merger.
I agree. But all things considered, if the economy gets bad enough and you have two airlines without a lot of route overlap, I think it at least stands a good chance of getting approval.
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Old 03-28-2020, 06:42 PM
  #28  
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AA buying anyone? LOOOOOOOOOOOOL
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Old 03-28-2020, 07:03 PM
  #29  
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Originally Posted by chrisreedrules View Post
I think this is in fact a real possibility. But I think if any 1 legacy declares the other 2 won’t be too far behind. The legacy that declares first will gain some immediate cost advantages by being able to shed unserviceable costs and immediately begin renegotiating labor contracts which would have a longer-term savings benefit. .
They won't be at a disadvantage because the others will declare BK about 5 minutes later (OK--maybe a day or two). Will almost look comical with all the lawyers headed to court. Too bad that they don't all still wear white wigs.
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Old 03-29-2020, 03:04 AM
  #30  
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Originally Posted by chrisreedrules View Post
In a hypothetical bankruptcy scenario I doubt there would be a need for the number of pilots AA currently has.
For how long?
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