Announcing the merger 2/14?
 

We’ve almost got that American Airlines-US Airways merger wrapped up | Airline Biz Blog


Please fasten your seat belts and hang on – We’ll have the merger on Thursday
We are working on our story saying that American Airlines and US Airways would announce their merger Thursday. Bloomberg reported mid-afternoon Wednesday a deal has been worked out and that the boards are meeting to approve the agreement.
From what we’ve heard from people who know, it looks like this is the way it’ll go down:
– 72 percent for AMR creditors and other interests, 28 percent for US Airways shareholders.
– Doug Parker will be the chief executive officer.
– Tom Horton will be the non-executive chairman, for only a limited period before he departs post-merger.
– The plan is to announce the deal in the pre-dawn hours Thursday, followed by a 7:30 a.m. CST call with the analyst community, a Dallas/Fort Worth International Airport press conference in mid-morning, a 1 p.m. Dallas/Fort Worth Airport presentation to AA employees, with the video and audio broadcast to other locations.
– After that Parker and his entourage will return to Phoenix to meet with US Airways employees.

When do signing bonus checks go out?

sounding like it'll be announced tomorrow morning.

well, how nice! carefully timed to be announced right on Valentine's Day AND 2/14 is my 13th year AA anniversary day. feelin' the love... :)

^^^^ rotflmao ^^^^

I thought they were going to announce the USAirways/ am west me refer had been completed.

AMR, US Airways boards OK merger: report
February 13, 2013
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The boards of American Airlines parent AMR Corp. and US Airways Group late Wednesday separately voted to approve a merger that would create the world's largest airline, The Wall Street Journal reports.
"The merger will be formally announced early Thursday morning. Under the all-stock deal's terms, American's creditors would own 72% of the combined airline, and US Airways shareholders the balance," the Journal writes.
"Under the all-stock deal's terms, American's creditors would own 72% of the combined airline, and US Airways shareholders the balance. US Airways Chief Executive Doug Parker will run the combined company as chief executive. AMR CEO Tom Horton will serve as nonexecutive board chairman, likely until the spring or summer of 2014, the time of the new company's first annual meeting after American emerges from bankruptcy protection . . . The airline will likely have a market capitalization exceeding $10 billion, and the value could approach $11 billion."
AMR filed for bankruptcy in November 2011, citing high labor costs. A combination with US Airways will create the world's largest airline by passenger traffic and help the two carriers better compete with Chicago-based rival United Continental Holdings Inc., as well as with Delta Air Lines Inc.
As Crain's has previously reported, a US Airways-American merger will help corporate travelers in Chicago, who will get more nonstop flights from O'Hare International Airport.
"Tempe, Ariz.-based US Airways Group Inc. has a small presence at O'Hare, accounting for just 2 percent of the airport's flights from its four gates," Crain's John Pletz noted last year. "But a merger would give American's corporate accounts better access to US Airway's hubs in Philadelphia, Phoenix and Charlotte, N.C. American's passengers would also have an easier time reaching cities in the Southwest and Europe, and the airline's total share of trans-Atlantic flights would rise to 14 percent from less than 10 percent today, according to Airline Forecasts LLC in Washington."
United has 48 percent of O'Hare's passengers, while American has 35 percent.
Follow For the Record on Twitter at @ChicagoNewsHook.
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Read more: http://www.chicagobusiness.com/artic...#ixzz2KpP8t6nZ
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withdrawn - not fast enough

My wife tells me that all the time.

Feb 13 (Reuters) - The unsecured creditors committee of bankrupt American Airlines parent AMR Corp has approved an $11 billion merger with US Airways Group Inc , sources familiar with the situation said on Wednesday.
The deal will be announced Thursday, the sources said, assuming the boards of both companies approve it Wednesday night. AMR's unsecured creditors will be made whole under the terms of the deal and also get accrued interest, they added.

I'm sure the APA has a claim in for the concessions you are taking, so does this mean that the APA, being an unsecured creditor, will be paid it's claim?