US and AA....What happens next?
#51
Well, he's the Vice President of Flight. He might have an idea how the AA pilots feel..... Does anyone know if he is a pilot? Just thought the article might add to the discussion....
Denny
#52
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Never said it wouldn't happen, just said it would be very expensive, and AMR couldn't afford it currently while in BK. B6 has an Enterprise Value of around 3 Billion. Not to mention the article talks about a takeover, not a merger. A Hostile Takeover would probably result in a bidding war between AMR, DAL, and maybe even SWA. Whoever wins instantly becomes the largest airline in New York, Boston and now Puerto Rico. Most likely this would be a very expensive takeover after the potential bidding war is complete. As you know analysts have been soo accurate in this industry, the takeover is right around the corner.

#53
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He doesn't know how AA pilots feel. The "majority" he must be talking to are some senior check airman and assorted management pilots. The rank and file line pilots are at least 80% for an exploration of what Parker has in mind from my assessment. Also, the politicos now being snared to bark the Texas Tune are not friends of AA employees, but of AA executives.
#54
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From: DAL
that leaves...hmmm.
you were saying something about a "bidding war?'
#55
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Word on the street is Parker is dangling UPS/Fedex/SWA type rates to get AA pilots onboard. No details on the retirement but I would expect a frozen pension + increased 401k. If true he's "all in" to get the last deal (aka big mgmt payout). We'll see.
#56
Now I've heard it all. The rumor mill has officially gone berserk.
#58

riiiiiight... did you hear this from a mechanic? Maybe a line check pilot?
#59
What pension would be frozen? Correct me if I'm wrong, but wasn't the pension taken over by the PBGC?
This rumor is serious wishful thinking.



