Jim Cramer - "AA merger will not go thru"
 

Watching Jim Cramer Mad Money today 08-28-13, just spit out the Vitamin Water that I was drinking when Jim Cramer confidently claimed the "AA merger won't happen"

disclaimer: Cramer is a moron

My exact thought when I read the title of this thread.

What was his logic? Did he back up his logic with noises from his sound board?

Are you going to cite Wikipedia next? This guy just blows hot air.. Move along people, nothing to see here..

What was his reasoning?

The very few times I've watched his show, I wasn't aware he had to have any. I just thought the louder he screamed, the more right he though he was.

Sounds a lot like BillO

Pretty much goes for any "Talking Head" (not the band).

So tomorrow AA meets with Judge Lane?

Cramer is an idiot but he is on national TV talking smack about AA....hence I put it out there.....he is "followed" by many who think he is an "expert"

(most of his stock picks have all gone down, but that hasn't seemed to stop him)

Does the average AA pilot want this to happen? Seems like trying to join the east/west fiasco already under way would just be asking for years of pain and suffering. Just asking.

oh yeah, ..... vitamin water?:confused:

Vitamin water: helps cure hangovers

So does cracking another beer

Funny Reuters just posted an article saying a settlement is still possible.


U.S. government, two airlines say open to settling merger fight | Reuters

If jim cramer says something doesn't the opposite usually happen?

All of the AA pilots I've talked to (albeit the number is very low) want it to go through. They want to get rid of their management. I believe there was a very small, extremely senior contingent that was opposing it, but I haven't heard anything from them in months.

The East/West thing is not what it seems on the line. It's 5-10% of the loudmouths on both sides that are the most vocal (and they all seem to have internet access). Most of us just want to move on. For example, I don't hear about it on the line at all. I fly on the East and I commute on both sides.

Agreed, however, the AA pilots will get new management either way!
If the merger does not go through then I would wager that DP is offered the CEO position at the new AA. If so, why would he say no?

There has to be a lot more to it than that...jumping into the sack with USAPA is a steep price to pay to get rid of management that would be gone soon in any case.

Ya, but APA out numbers USAPA....they will use that and West votes to strong arm....IMHO it's its time to move on from all of this e-w crap!

They won't be jumping into the sack with USAPA. If/when the merger goes through, we have a timeline of when we'll file single-carrier status and at that point, APA will take over due to shear numbers.

Now that definitely made me spew my Vitamin Water all over the keyboard!!:D

wheres the love............dang it

Yea man, it's full of VITAMINS!

Cramer said that on a show about investing in the market, relating to if he thought it was a good time to invest in airline stock.

It was an offhand remark...not exactly any type of thorough analysis of all the facets of the situation.

Depends ... "in the fetal position with drool on our chin... "



By the time we get to the third verse we're usually laughing too hard to not screw it up.

So it seems. I guess I'm out of touch with the latest "Gucci" drink. I thought it might be another euphemism for some kind of adult beverage. I prefer water is when it's frozen and surrounded by bourbon. :D

The equity stake is at stake.

Not that that is the driving factor, but it's a little bit of our money that we've given up; it'd be nice to get some of it back. We've lost our retirement into the pockets of Horton and his cigar buddies, our scheduling sucks, our product is dated, there's no vision whatsoever at upper management level.

The last CEO with any sort of acumen was Crandall. Since then, it's been one buffoon after another, whose "vision" for AA was simply "Cut labor costs."

Yes, every AA guy I've flown with wants this.

Just curious, what happens if it doesn't go through?

So is a healthy diet.

Vitamin water.... lulz. The American public is so gullible.

Every AA pilot you've talked with wants the deal, but you've heard from an extremely senior group that's against it? It can't be both.


I've heard one guy, out of dozens or hundreds, mention that he's against the deal. Overall he's a mid pack to junior 767 CA.

IMO, DP is then recruited to run the new AA. He brings in his management team and he uses the BK labor concessions and the new aircraft to grow AA rapidly to better compete with Delta and U.

I base this on two precepts, The first being he as gotton AA labor behind him. The creditors know without labor on board AA cannot succeed. The second being that DP seems to WANT to run a big airline.

"BK labor concessions"? More paycuts??? Hopefully not!

Perhaps I didn't explain myself well enough. I know and have met a few AA guys. All of the ones I've PERSONALLY talked to are in favor of the merger.

The guys against, I was referring to, I heard about through this site. When JetHead was being lambasted on Tool of the Day for being afraid to land at DCA and kicking off every jumpseater and non-rev for the sake of fuel, someone posted that he had started a small coalition against the merger. They were described as being very senior. That's what I heard.

In my personal interactions with AA crew members, either through friendship or jumpseat rides, I have found that the ones I talked to are in favor of the merger.

Agreed, I think the merger is the best thing for the industry and labor.

Without the merger AA will need to grow, therefore, I believe it will be DP to do it. The new AA will be stronger and larger than US ever could be, so IMO, DP will do anything to run the new AA. This will create overcapacity again and hurt all of us!

The reasons AA pilots want the merger are obvious:

-Increased pay rates (USAir management's better offer was used as leverage to lessen cuts in BK, and the future established pay rates are better.)
-Ability to be a truly global carrier and compete with DL and UA.
-More revenue = more ability to increase pay
-Merger MOU has language to establish new AA pilot pay on par with UAL and DAL in 2016. Alone, they can't do that.
-Larger route system, enormous Airbus fleet in future, improvements in trips/schedules, etc.
-Equity stake

The list goes on and on.

Your list boils down to one thing:

More Pay.

Not that there is anything wrong with that, but lets call a spade a spade.

You could very well be right. Parker already bought a home in Dallas. Rumor is, his family has already moved.

G

If this deal is not approved, my bet is American recruits Parker for a stand alone plan. So Dug's second homes are safe.

Same here, Sliceback. I wonder if it wasn't the same guy.

Oh, and also:

http://www.youtube.com/watch?v=o3FVBKic5Ek

What a moron.

That's illegal.

It's illegal for someone to quit one company, and work for another? Really?