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Bankruptcy

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Old 01-16-2021 | 09:39 AM
  #171  
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Originally Posted by acecrackshot
Personally, I think the on-coming Administration is going to face lots of pressure to nationalize that debt, along with the States and municipalities with massive unserviceable debt/pension obligations.
The later part, yes.

Airline debt? Not sure I see that...
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Old 01-16-2021 | 09:48 AM
  #172  
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Originally Posted by sanicom3205
I would normally agree, except I think allowing mergers just creates another massive failure of an airline. If you believe that all airlines are in deep trouble if there isn’t a turn around relatively soon (as I do), then what does allowing mergers solve? AA may be in the worst shape, but if we are at the point where only a merger can save us, I believe everyone is doomed.

A merger would only solve the issue of a failed business model. I think the business model is sound, the state of the market is the issue. I believe the airline sector can only heal with the end of the pandemic.
A merger does not have have make an airline larger like DAL /NWA or UAL/CAL. A merger can be to reduce the number of seats and competition. SW acquired AT , then paid DAL to take most of the aircraft AT had. SWA got rid of a nasty thorn in their side


Let’s not go down the road of how great the 717 was. I heard it could cook you breakfast in the morning and make the best IPA beer you could ever dream of
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Old 01-16-2021 | 09:59 AM
  #173  
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Originally Posted by Mozam
A merger does not have have make an airline larger like DAL /NWA or UAL/CAL. A merger can be to reduce the number of seats and competition. SW acquired AT , then paid DAL to take most of the aircraft AT had. SWA got rid of a nasty thorn in their side
Thats fair. Then the situation becomes one ripe for a new airline to come screaming onto the scene once those seats are in demand, in only a two year or so time frame. And who’s to say that airline won’t be a more formidable business adversary? It’s an interesting hypothetical
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Old 01-17-2021 | 09:23 PM
  #174  
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Originally Posted by sanicom3205
What I care about is that we are (trying to have) a conversation about bankruptcy here at AA, while I see e170s flying between hubs and I was out of a job and probably will be out of a job in a few months. And those guys flying the jets talking about how great it is they are seeing new cities without having a clue what they’re really saying. So forgive me for saying not only do I not care about what Skywest and envoy think of themselves, I really don’t want to have to read through it on an AA forum. No disrespect but take it elsewhere
Where do they have 170s flying between hubs? The AA contract allows for very few block hours to be flown hub to hub.
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Old 01-18-2021 | 08:18 AM
  #175  
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Originally Posted by dera
Where do they have 170s flying between hubs? The AA contract allows for very few block hours to be flown hub to hub.
Check out a few days of NYC-MIA on travel planner. Some days are worse than others, but there are a decent amount of republic e170s sprinkled in there. Some days there are three flights a day operated by them
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Old 01-18-2021 | 09:40 AM
  #176  
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Many are concerned about a AA/JB merger (on both sides). I was curious as to if people thought the two companies working together as they are is setting the stage for a merger sometime in the future. In terms of legacies, AA is probably the one with the least overlap and would make the most sense.
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Old 01-18-2021 | 01:31 PM
  #177  
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Originally Posted by panpanpan
Many are concerned about a AA/JB merger (on both sides). I was curious as to if people thought the two companies working together as they are is setting the stage for a merger sometime in the future. In terms of legacies, AA is probably the one with the least overlap and would make the most sense.
Nobody really knows but everyone has their theories. AA pilots don’t want it because APA is almost guaranteed to throw the younger pilots under the bus in a seniority integration, to save group 4 captain jobs. JetBlue pilots on the younger side almost certainly want it to take advantage of AA’s retirements.
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Old 01-18-2021 | 01:44 PM
  #178  
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Originally Posted by Al Czervik
Good insight.
It’s extraordinarily terrible policy. Thus why I think it’s possible, if not likely.
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Old 01-18-2021 | 03:06 PM
  #179  
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Originally Posted by ny797
JetBlue pilots on the younger side almost certainly want it to take advantage of AA’s retirements.
There are very few at JB (none that I have spoken to) that want anything whatsoever to do with an AA merger.
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Old 01-18-2021 | 04:02 PM
  #180  
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Originally Posted by ClncClarence
There are very few at JB (none that I have spoken to) that want anything whatsoever to do with an AA merger.
Correct. I want nothing to do with an AA merge, as do a vast (if not all), the pilots I've talked with
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