AMR, APA talks shift merger plans? Extension?
06-30-2012, 07:45 AM
#1
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AMR, APA talks shift merger plans? Extension?
American Airlines says it will seek reorganization filing extension through Dec. 27 | LeveragedLoan.com
American Airlines to seek reogranization extension, pilots union negotiations perhaps change landscape regarding US Airways merger
American Airlines says it will seek reorganization filing extension through Dec. 27 | LeveragedLoan.com
American Airlines to seek reogranization extension, pilots union negotiations perhaps change landscape regarding US Airways merger
American Airlines says it will seek reorganization filing extension through Dec. 27 | LeveragedLoan.com
07-02-2012, 09:11 AM
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“We’ve received questions from some about whether APA continues to support a merger between American Airlines and US Airways in light of the tentative agreement,” the APA said in message last night to members. “To be clear, the APA leadership remains convinced that a merger of the two carriers would create a stronger, more competitive American Airlines, and that our future career prospects will be brighter than they would otherwise be under AMR management’s stand-alone plan. Our support for proceeding with the merger is undiminished."
07-02-2012, 10:00 AM
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Originally Posted by flybywire44
“We’ve received questions from some about whether APA continues to support a merger between American Airlines and US Airways in light of the tentative agreement,” the APA said in message last night to members. “To be clear, the APA leadership remains convinced that a merger of the two carriers would create a stronger, more competitive American Airlines, and that our future career prospects will be brighter than they would otherwise be under AMR management’s stand-alone plan. Our support for proceeding with the merger is undiminished."
07-02-2012, 10:29 AM
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APA obviously only intends on one of these contract offers to be the end result.
So... did they play Doug Parker as a way to get relief from the wrath that AA originally intended on bringing upon them, without ever actually considering a merger?
Or, did they just agree on this TA, knowing full well that they intend on merging with US, as a method to buy time and lock out AA from doing something really bad to them in the process?
Or, maybe they're doing both and trying to see who they can get the best deal from.
So... did they play Doug Parker as a way to get relief from the wrath that AA originally intended on bringing upon them, without ever actually considering a merger?
Or, did they just agree on this TA, knowing full well that they intend on merging with US, as a method to buy time and lock out AA from doing something really bad to them in the process?
Or, maybe they're doing both and trying to see who they can get the best deal from.
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