AMR bankruptcy?
10-03-2011, 05:51 PM
#41
Line Holder
Joined APC: Jan 2006
Posts: 99
Obama, so far, has bought General Motors and Chrysler. He bought General Motors to control the auto industry and to save the union. There's a lot of unions in American Airlines, aren't there? You know, Obama, sure he's got his own airplane, and it's not American Airlines, but he could buy American Airlines and make 'em start flying around on whatever the airplane equivalent of the Volt is. He also bought the banks, and GE. Don't forget the Green Energy market-Solyndra. Maybe Obama will put solar panels on the wings to save the airline industry.
PaintCan
PaintCan
10-03-2011, 05:59 PM
#42
Gets Weekends Off
Joined APC: Sep 2008
Position: Speaking French
Posts: 385
Originally Posted by Pilot X
if you buy amr and they go chapt 11 there is a good chance there is a reissue on the stock and you loose all your money, stock shares usually don't make it out of bankruptcy untouched 
10-03-2011, 06:06 PM
#43
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Joined APC: Sep 2008
Position: Speaking French
Posts: 385
Originally Posted by texaspilot76
Easy. US Airways is making money, AMR is not. AMR is near bankruptcy, US Airways is not. Airways can get the financing to merge with AA. Or a hostile takeover is possible, however not likely. (similar to Airways almost taking over DAL a few years ago). Of course the new company would retain the AA brand name.
AMR bankruptcy will force the hand of APA to concede, and fear of job loss during merger will force USAPA to play nice, especially since APA has a history of pulling out the stapler.
AMR bankruptcy will force the hand of APA to concede, and fear of job loss during merger will force USAPA to play nice, especially since APA has a history of pulling out the stapler.
10-03-2011, 06:21 PM
#44
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Joined APC: Sep 2007
Position: B-7ER JFK
Posts: 931
Originally Posted by GQpilot
Agreed. Parker can easily get the money to finance a merger after AA is in bankruptcy. APA will likely try and staple the whole US pilot group which will ensure that lots of lawyers will make the payments on their summer homes. Ahhhh, goood times ahead.
10-03-2011, 06:43 PM
#45
veut gagner à la loterie
Joined APC: Apr 2008
Position: Light Chop
Posts: 23,286
Originally Posted by forgot to bid
How exactly would those 3ish lists be integrated? And given the shape USAir is in as far as their merger is concerned how would creditors and wall street folks really feel about trusting them to merge with the storied, gigantic and powerful American Airlines?
Originally Posted by texaspilot76
Easy. US Airways is making money, AMR is not. AMR is near bankruptcy, US Airways is not. Airways can get the financing to merge with AA. Or a hostile takeover is possible, however not likely. (similar to Airways almost taking over DAL a few years ago). Of course the new company would retain the AA brand name.
AMR bankruptcy will force the hand of APA to concede, and fear of job loss during merger will force USAPA to play nice, especially since APA has a history of pulling out the stapler.
AMR bankruptcy will force the hand of APA to concede, and fear of job loss during merger will force USAPA to play nice, especially since APA has a history of pulling out the stapler.
And who would give money to that mess of an airline? You're probably better off giving money to Skywest to acquire AMR.
But in reality, who says Chapter 11 = mandatory merger? And who says such a merger would clear DOJ hurdles?
And how would you get USAPA to vote in a JCBA?
10-03-2011, 06:44 PM
#46
veut gagner à la loterie
Joined APC: Apr 2008
Position: Light Chop
Posts: 23,286
Originally Posted by PaintCan
Obama, so far, has bought General Motors and Chrysler. He bought General Motors to control the auto industry and to save the union. There's a lot of unions in American Airlines, aren't there? You know, Obama, sure he's got his own airplane, and it's not American Airlines, but he could buy American Airlines and make 'em start flying around on whatever the airplane equivalent of the Volt is. He also bought the banks, and GE. Don't forget the Green Energy market-Solyndra. Maybe Obama will put solar panels on the wings to save the airline industry.
PaintCan
PaintCan
10-03-2011, 06:56 PM
#47
Eats shoots and leaves...
Joined APC: Apr 2007
Position: Didactic Synthetic Aviation Experience Provider
Posts: 849
10-03-2011, 07:20 PM
#48
Gets Weekends Off
Joined APC: Apr 2008
Position: 767A
Posts: 791
Originally Posted by PaintCan
Don't forget the Green Energy market-Solyndra. Maybe Obama will put solar panels on the wings to save the airline industry.
PaintCan
PaintCan
Solyndra's loan process was initiated by the Bush administration.
10-03-2011, 07:24 PM
#49
Gets Weekends Off
Joined APC: Dec 2007
Posts: 618
Originally Posted by RiddleEagle18
market cap now only 600 million. Potential takeover target at this price?
People you need to understand the stock will be worthless. Do not buy thinking it will bounce back if they file. When they reemerge a new ticker will be issued and all AMR holder loose everything. Why do you think all those pilots retired this month.
10-03-2011, 07:34 PM
#50
Da Hudge
Joined APC: Oct 2006
Position: Poodle Whisperer
Posts: 17,473
Originally Posted by stbloc
Takeover? Did you take economics in school?
People you need to understand the stock will be worthless. Do not buy thinking it will bounce back if they file. When they reemerge a new ticker will be issued and all AMR holder loose everything. Why do you think all those pilots retired this month.
People you need to understand the stock will be worthless. Do not buy thinking it will bounce back if they file. When they reemerge a new ticker will be issued and all AMR holder loose everything. Why do you think all those pilots retired this month.
Now imagine how many are going to dive out on Nov 1.... These guys are diving out with a 100% lump sum pension option too.
For comparison, the DL guys had a 50% lump sum option which did a huge amount of damage in itself.
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