acl65pilot

They do not care if they get rid of them either. DAL would be wise to buy the engines.

eaglefly

Many of the leases on aircraft were parked and producing no revenue. The immeadiate rejection of those will likely produce and immeadiate cessation of negative cash flow. Let's watch and see if AMR suddenly comes up with more cash and/or much less burn.

They ARE burning cash with the multitude of "assistance" they're seeking from assorted companies that assist in reorganizations.

Perhaps they're stupid ?

eaglefly

I was advising him, not you.........it was in fun, as well.

Why don't you join carl, grab a garden hoe and take a few swings before the tour starts ?

Brocc15

1. I don't really understand why a lot of people on here say that American fragmenting and Delta buying up fragments, or a merger would mean massive furloughs at Delta. Not disagreeing, I just don't understand, anyone care to explain the rationale?

2. My initial reaction when I heard this was that Delta is probably just making sure none of their competitors get a really low bid, and a sweet deal, so they are out there showing interest to hike the prices up.

3. What's up with the Eagle guy? I literally LOL'd at the hyper defensive posts. (now I have it coming to me, don't I?)

Andy

I thought that AMR owned all of their MD80s since they're older than ... dirt. I did a quick check and you're correct; it looks (based on article; link below) like AMR's leasing ~100 MD80s. I imagine that they'll either get sweetheart deals on the MD80 and 757 leases or they'll dump those leases.
My guess is that almost all of the heavy lifting in getting AMR back to profitibility would be solved by shedding their MD80/757 leases and probably selling off Eagle.
There are probably a decent number of furloughs in AMR emplyees' short term future but I don't think they'll be seeing any fragmentation.



Analysis: Aircraft leases in crosshairs as AMR restructures | Reuters

Carl Spackler

Nice excuse, but no smart phone changes the word "to" to "too". So rather than trying to make silly excuses for yourself, here's a tip: When you feel the need to write a post calling people "complete idiots", proof read your post very carefully in case those evil spell correcters do it to you again.

Carl

Carl Spackler

That does indeed happen to most of us. My point is that you need to be careful when you call people a "complete idiot", then make multiple spelling errors while you're at it. When that happens, it's pretty ironik!

Carl

Andy

Eagle works for AMR. Some would find it offensive that others are salivating over carving up their employer. Having been in Eagle's shoes during the UAL BK, I can relate to Eagle's feelings in this matter.
For instance, ACL65 seems to think that the creditors have final say in AMR's future. It's the man in the black dress and he can opt to accept AMR's POR over objections from the creditor committee.

acl65pilot

Not stupid in the least. I think Horton did as much as he could to prevent it. It comes down to the creditors and who out maneuvers who. Airlines do not leak this sort of stuff unless a few things are true; 1) They are serious about the play, 2) They want to lessen the effects of the filing, and 3) They want other players to join in the fray to make it very expensive to go after another target.

I suspect that all of these are true depending on where things go. I also suspect that given that we are in election year any sort of buyout or fragmentation will have to save the jobs for there to be any support from DC. No one wants to lose votes over this sort of job loss. Look at where the swing electoral votes are, and then look at which side these states are leaning; FL is a major one. Depending on how the cards line up how each airline CEO plays this, they can get what they want. Votes and four years in the White House are at stake.

This whole deal is a lot bigger than AMR's CH11 filing. If the CEO's do not play with the WH, they can always swoop in and allow 51% foreign ownership to save AMR. In my estimation, we are just a little premature with our CEO's being wild about that. This is one huge strategy puzzle that has all of our lives and livelihood at stake.

acl65pilot

Very true he could. It will come down to jobs and promise for jobs in given key states.