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AMR and LCC???
I can't believe this one, but here it is... I can't make this stuff up.
By Jui Chakravorty Das NEW YORK, April 25 (Reuters) - American Airlines (AMR.N: Quote, Profile, Research) has had early-stage merger talks with US Airways (LCC.N: Quote, Profile, Research) and is in advanced talks for an alliance with Continental Airlines (CAL.N: Quote, Profile, Research), sources briefed on the situation said on Friday. American Airlines' talks with Continental are focused on forming an alliance that could share passengers, much like the SkyTeam partnership that includes Air France-KLM (AIRF.PA: Quote, Profile, Research), Alitalia (AZPIa.MI: Quote, Profile, Research), Czech Airlines, Delta Air Lines (DAL.N: Quote, Profile, Research), and Northwest Airlines (NWA.N: Quote, Profile, Research), the people said. But Continental is also in advanced talks with United Airlines (UAUA.O: Quote, Profile, Research) for a full merger, the sources said. Continental will not pursue both options but rather, end up choosing either the merger or the alliance, sources said. Meanwhile, United Airlines is also in serious merger talks with US Airways, and will choose to merge with either Continental or US Airways soon, the people said. http://www.reuters.com/article/marke...0080425?rpc=44 |
Originally Posted by LuvJockey
(Post 373763)
I can't believe this one, but here it is...
By Jui Chakravorty Das NEW YORK, April 25 (Reuters) - American Airlines (AMR.N: Quote, Profile, Research) has had early-stage merger talks with US Airways (LCC.N: Quote, Profile, Research) and is in advanced talks for an alliance with Continental Airlines (CAL.N: Quote, Profile, Research), sources briefed on the situation said on Friday. American Airlines' talks with Continental are focused on forming an alliance that could share passengers, much like the SkyTeam partnership that includes Air France-KLM (AIRF.PA: Quote, Profile, Research), Alitalia (AZPIa.MI: Quote, Profile, Research), Czech Airlines, Delta Air Lines (DAL.N: Quote, Profile, Research), and Northwest Airlines (NWA.N: Quote, Profile, Research), the people said. But Continental is also in advanced talks with United Airlines (UAUA.O: Quote, Profile, Research) for a full merger, the sources said. Continental will not pursue both options but rather, end up choosing either the merger or the alliance, sources said. Meanwhile, United Airlines is also in serious merger talks with US Airways, and will choose to merge with either Continental or US Airways soon, the people said. http://www.reuters.com/article/marke...0080425?rpc=44 |
Oh the are all cousins.... If you didnt know that.... Just goes to show you how icky this is going to be....
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Alitalia? Aren't they going to be out of business, like yesterday?
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Originally Posted by LifeNtheFstLne
(Post 373791)
Alitalia? Aren't they going to be out of business, like yesterday?
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All this "talking" someones gonna end up pregnant.:p
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"Talking..." So this is what the kids are calling it these days...Continental will marry another. Who's it gonna be??
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Originally Posted by 7576FO
(Post 373825)
All this "talking" someones gonna end up pregnant.:p
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Originally Posted by Reggie Dunlop
(Post 373846)
It will be the employees I reckon. Isn't that how it normally works?
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Evil Stepchild
What ever spues forth will have six heads and a lot of unhappy employees |
The lights are on at the Thread next door.....now I this is really going to get interesting!
Check out the date on the article......isn't tomorrow the 26th?? I guess the ink is still wet on this one. http://www.nytimes.com/2008/04/26/bu...ner=TOPIXNEWS# Continental and United Said to Be Closer to a Merger Sign In to E-Mail or Save This Reprints Share Digg Mixx Yahoo! Buzz Permalink By MICHELINE MAYNARD Published: April 26, 2008 United Airlines and Continental Airlines are getting closer to a merger agreement and would like to wrap up a deal by the end of next week, people with direct knowledge of the discussions said Friday. The negotiations, which have been under way for months, accelerated after Delta Air Lines and Northwest Airlines announced a $3 billion deal on April 14 that would create the nation’s biggest air carrier. The talks between United and Continental are in an advanced stage but are not yet complete, the people who had been briefed on them said. They requested anonymity because the talks were private. The two airlines would like to be finished by Thursday, these people added, although the negotiations could easily run into delays. As with Delta and Northwest, United and Continental would like to win regulatory approval before President Bush leaves office rather than risk delays that could take place under a new president. Continental is getting ready to provide details of any possible deal, at least if its Web page is any indication. The airline, based in Houston, has posted a link on its home page to a new part of its site that looks as if it can be transformed into a merger information page, as soon as a deal occurs. The page went live on April 15, a Continental spokesman, Dave Messing, said Friday, but only began attracting attention this week. Mr. Messing declined to comment further. A United spokeswoman, Jean Medina, said the company did not comment on “rumors or speculation.” The link, www.co-industryconsolidation.com, sits next to a headline, “Latest News and Offers.” It is to the right of a form where passengers can book their flights. “Welcome to a portion of our Web site designed specifically to provide Continental’s perspective on airline industry consolidation,” the site’s first post reads. “We will add new information to this section as it arises.” Continental’s consolidation page features only a few links — one to news releases, another to a “Frequently Asked Questions” page that talks about what the Delta-Northwest merger might mean to Continental, and a third guiding visitors to company Webcasts. But, as the welcome letter says, “Please check back here regularly for more information.” Delta and Northwest also have their own new Web page, www.newglobalairline.com, which they posted April 15. On Thursday, executives from those airlines sought to reassure members of Congress that their merger would not hurt consumers or result in significant job losses. The two airlines blamed high fuel prices for a combined loss of $465 million in the first quarter. Delta and Northwest filed for bankruptcy protection on Sept. 14, 2005, after fuel prices spiked in the wake of Hurricane Katrina. Delta emerged from Chapter 11 protection in April 2007, while Northwest completed its reorganization a month later. Shares of United’s parent, the UAL Corporation, fell 19 cents Friday, to $15.21, while Continental closed at $17.22, down 46 cents. Delta stock closed at $7.01, down 25 cents, while Northwest fell 32 cents, to $7.56. |
Originally Posted by Albief15
(Post 373890)
I slept through some of health class, but I don't think you can pregnant from sex in that orifice.
Ok, cheap shot, all in fun. Just too easy to forgo a little twist on an old joke. FJ |
:mad: *&%*$ Coasties! ;)
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An American and US Airways merger would be a match made in Heaven for me. I could finally work out of DFW! I sure hope it happens.
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Originally Posted by Led Zep
(Post 373767)
Am I the only one who, after reading this, is still confused as to who is sleeping with whom? :D
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Originally Posted by War Eagle 83
(Post 374331)
They are ALL in bed together. This is gonna be like the last time UAL tried to buy AAA. Bits and pieces of AAA are gonna go to different airlines. AA gets the 757's like last time maybe DCA too and UAL will get CLT etc. The west will go to MESA and become MESA GRANDE'!:D Just Kidding , But I do think it will be CAL, UAL, AA and AAA in a room and when they come out there will be only 2 airlines left along with some very rich execs!
Hold on, AAflyer |
Originally Posted by texaspilot76
(Post 374296)
An American and US Airways merger would be a match made in Heaven for me. I could finally work out of DFW! I sure hope it happens.
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Sad to say, but I think those AA furloughed might get hosed again given that they do not bring a job to the table of any merger.
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Originally Posted by texaspilot76
(Post 374296)
An American and US Airways merger would be a match made in Heaven for me. I could finally work out of DFW! I sure hope it happens.
FF Former TWA |
Originally Posted by Riddler
(Post 374402)
Um... AA still has about 2,000 pilots on the street. Be careful what you wish for.
But you point is well-taken. FF |
HI!
CAL just told their employees they are NOT merging, so I guess they'll do the tieup with AA, which will mean UAL/USAir. SWA changed their mind, officially, so what will happen to AirTran? Will Skywest successfully get XOJet??? cliff YIP |
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