Go Back  Airline Pilot Central Forums > Airline Pilot Forums > Major
Delta and TPG look To put bid on AMR Corp >

Delta and TPG look To put bid on AMR Corp

Search
Notices
Major Legacy, National, and LCC

Delta and TPG look To put bid on AMR Corp

Thread Tools
 
Search this Thread
 
Old 01-12-2012, 02:30 PM
  #61  
Gets Weekends Off
 
Joined APC: Apr 2009
Posts: 710
Default

Originally Posted by eaglefly View Post
Best bet is AA stays independent and weathers this annoying fly storm. I think there's a "plan" and a "goal". Upon emerging from Chapter 11, THEN the plan will be known. Then we wait to see what the goal is. What AMR does now, is simply the plan to get to the doorstep of the goal.
Couldn't agree more. After they emerge ALK will be acquired by either AA or DAL. JBLU is still a wild card to me...
TOGA LK is offline  
Old 01-12-2012, 02:47 PM
  #62  
Gets Weekends Off
 
Joined APC: Mar 2006
Position: guppy CA
Posts: 5,160
Default

Deja vu all over again.
Looks like a lot of these posts came from UAL's bankruptcy, only with UAL scratched out and AMR inserted.

There may be small divestitures of assets but I don't see a wholesale carving up of AMR. The man in the black dress will almost certainly accept AMR management's POR and that will end this speculation.
Andy is offline  
Old 01-12-2012, 03:06 PM
  #63  
Gets Weekends Off
 
Jack Bauer's Avatar
 
Joined APC: Jun 2007
Posts: 1,357
Default

Originally Posted by RockyBoy View Post
And I've already figured out that I would be senior to you! Ratio via category and class would put a 2007 Delta hire right up there with the early 90 hires at AA!!

FWIW, I really think this would be a horrible deal for every pilot involved. I'm almost sure I would be on the street and the massive retirements we are looking at at both airlines would just offset the reduction in flying resulting in more stagnation for everyone. I'm hoping AA pulls out of this as a stand alone carrier and we all move on, not looking that way at this point however.
To those salivating over another merger (where pilots come with planes) please search deep down within your soul and ask yourself after watching multiple capacity reductions and more flying transferred to regionals (LGA)....along with all the benefits sold to you by your union and company marketing departments turning out to be a farce, is this good for you as a pilot or will it produce more backslide/stagnation in your career for years to come?

The Who has a message for you....

The Who Wont Get Fooled Again (Live Philly 1973) - YouTube

Last edited by Jack Bauer; 01-12-2012 at 03:20 PM.
Jack Bauer is offline  
Old 01-12-2012, 03:16 PM
  #64  
Gets Weekends Off
 
Jack Bauer's Avatar
 
Joined APC: Jun 2007
Posts: 1,357
Default

Originally Posted by Free Bird View Post
I think this is all just a play to get USAir to cough up some more dough. The only assets that make sense for Delta are the international ones that AMR has.

Mother Delta hates competition and seems to run from it. Therefore ORD does not make sense because of UAL, not to mention DTW is close. MIA however, makes perfect sense, as do the Heathrow slots that AMR has.
Agreed on MIA. If and that is a big IF any of American does go piecemeal I would expect Delta to go for MIA and DFW. Shore up the one area we run 2nd or 3rd which has huge money making potential as it undergoes hyper-growth economic activity....South America.
Jack Bauer is offline  
Old 01-12-2012, 03:23 PM
  #65  
Back on TDY
 
Carl Spackler's Avatar
 
Joined APC: Apr 2008
Position: 747-400 Captain
Posts: 12,487
Default

Originally Posted by eaglefly View Post
This is absolutely hilarious !

Some of you yahoo's already got AA sliced and diced and are already calculating your next bids and advancement schedules.

God, I love airline pilots. Complete idiots, but a blast to watch and listen too.
If you're going to call people "complete idiots", you really should learn how to spell.

Carl
Carl Spackler is offline  
Old 01-12-2012, 03:30 PM
  #66  
Moderator
 
Joined APC: Oct 2006
Position: B757/767
Posts: 13,088
Default

Personally, I do NOT want any more mergers for DAL.
johnso29 is offline  
Old 01-12-2012, 03:33 PM
  #67  
I have shiny jet syndrome
 
RJtrashPilot's Avatar
 
Joined APC: Jan 2008
Position: ELACS, FACs and SECs. Who doesn't love 'em?
Posts: 984
Default

Originally Posted by Carl Spackler View Post
If you're going to call people "complete idiots", you really should learn how to spell.

Carl
In his defense, he spelled "too" correctly, he just had the wrong "to" in there.

It's a little pet peeve of mine also. Too, to, two. Your, you're, yore. Then, than. Their, there, they're. Who's, whose.
RJtrashPilot is offline  
Old 01-12-2012, 03:36 PM
  #68  
Gets Weekends Off
 
galaxy flyer's Avatar
 
Joined APC: May 2010
Position: Baja Vermont
Posts: 5,177
Default

While we're being pedantic, sentences shouldn't end in prepositions. So,

Complete idiots, but watching and listening to them is a blast.

GF
galaxy flyer is offline  
Old 01-12-2012, 03:41 PM
  #69  
Can't abide NAI
 
Bucking Bar's Avatar
 
Joined APC: Jun 2007
Position: Douglas Aerospace post production Flight Test & Work Around Engineering bulletin dissembler
Posts: 11,989
Default

It is typical that mergers work out best for the senior management of the merging companies and the employees of their competitors.

The only creditor that I can see getting excited about a Delta tie up would be the MD80 lessors.
Bucking Bar is offline  
Old 01-12-2012, 03:41 PM
  #70  
Gets Weekends Off
 
DAL73n's Avatar
 
Joined APC: Dec 2009
Position: 737n/FO
Posts: 667
Default

Originally Posted by eaglefly View Post
I'd not get too worked up just yet. AMR didn't go into this without knowing other buzzards would circle and in fact, the new CEO admitted it from the very beginning. That's why they did it with 5 billion in the bank.



AA is in no more danger of fragmentation then the other carriers were previously in the decade during their filings (I'll bet at least half those on this board.....you know, the merger/fragmentation experts posting now weren't even in the industry then). In fact, with AMR's cash, they're LESS likely to succomb to fragmentation unless they WANT to. A possibility, but not a probability. Doesn't do much for all those running around ridiculously now like decapitated fowl, squawking, "done deal, done deal" out of their headless stumps.



There wont be much bargaining in Chapter 11. AMR will get what it wants on scope, but I agree mergers and fragmentations usually always involve workforce reductions.



The above is all the more reason not to get too worked up over it. When a company like AA goes into restructuring it's normal for others to persue all or parts of it. Doesn't mean they'll be successful. If AA was on the ropes with feeble cash and assets when they filed, they'd have DIP financing and would be FAR more vulnerable to merge/frag as others loaning the money to complete chapter 11 call the shots, but AMR is firmly in the driver's seat. Still, it's too attractive to sit on the sidelines and not participate, if even only to drive up the bidding to maximize competitive stregth by making a potential winning bidder weaker upon acquisition.

I'd advice you to join me watching the colliding, truncated fowl and blossoming feather plume of those who haven't a clue beyond their own dreams, desires and fantasies.

It's actually a classic comedy and worthy of observence......well, I'm out of beer nuts and my beverage is low, so back to the kitchen to refill for the next entertaining act of "The flying Saps".

One thing to realize is that AA does not have oversized labor costs in relation to the rest of the industry so cutting back those contracts is not going to be enough to get them back to profitability. An AA merger/buyout would be a disaster for the pilots involved (doesn't matter DAL, USAir , etc) and an asset sale would be a disaster for AA pilots. APA has not helped its pilots by it's negotiating strategy that has not made any headway with the NMB. Good Luck AA/APA - you're going to need it. Bankruptcy judges will do whatever is presented that makes sense for an economically viable entity while doing its best to make sure all players (taking in account the laws of secured vs unsecured creditors among other things) "contribute" to the restructuring.
DAL73n is offline  
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Guard Dude
Delta
201720
04-06-2022 06:59 AM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Your Privacy Choices