US Airways Said to Develop AMR Merger Plan to
#322
Gets Weekends Off
Joined APC: Feb 2008
Posts: 19,258
Miami is profitable and would command a lot of cash. Cash always talks especially to creditors. That is why you don't want to go into chapter 11 if you can avoid it. AMR management is now in a bad place. They have a viable offer from USAIR. Even if they fend it off they are now going to lose most of the hoped for gains in chapter 11. Regardless of how it turns out and who retains control the labor agreements with the unions at AMR is a very crafty move on the part of Parker. He either gets the airline or they emerge from Chapter 11 as a standalone but don't get to rape the employees and creditors and lose most of not all the benefits of filing in the first place.
#330
Maybe a few slots at DCA, but both US and AA have under-utilized slots there. US doesn't have many slots at JFK and won't change the competitive landscape. BOS isn't slot controlled, so no need to divest there.
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01-01-2022 05:02 PM