AA brings on bankruptcy/merger guru
#1
Gets Weekends Off
Thread Starter
Joined APC: Jun 2015
Posts: 1,107
AA brings on bankruptcy/merger guru
Newsroom - American Airlines Names Douglas M. Steenland to its Board of Directors - American Airlines Group, Inc.
Sent from my iPhone using Tapatalk Pro
Sent from my iPhone using Tapatalk Pro
#2
#4
Gets Weekends Off
Joined APC: Nov 2019
Posts: 1,256
#8
Gets Weekends Off
Joined APC: Jan 2008
Posts: 530
Here we go again, not gonna happen any time soon. AA will likely need to get through CH11 proceedings first, and any attempt to buy B6 would start a bidding war. The airline that wants to join B6 will have to pay a premium, and there is no way AA will win that battle with AA debt. B6 has good financials and doesn't need a merger, they will likely grow while AA shrinks to either avoid CH11 or go through a restructure.
#9
Gets Weekends Off
Joined APC: Dec 2019
Posts: 331
I would agree...except this is what happened last time AA went bankrupt: https://www.abi.org/feed-item/bankru...ith-us-airways
Thread
Thread Starter
Forum
Replies
Last Post