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Originally Posted by Cujo665
(Post 3047303)
wow, I haven’t seen so much wrong in a long time.
First, merging PSA and Envoy is easier and cheaper. second, seniority list mergers are not straight Date of Hire anymore and haven’t been for years. Third, there is some savings in the areas you mentioned, but not as much as you seem to think. You still have to recruit, train and manage the same number of pilots. The real savings are more on the manager and up level, not on the worker bee. Reduced facility expenses is there too. |
Originally Posted by point80
(Post 3047227)
ALPA to ALPA merges are easy too. Because its all based on hire date regardless of company. Unlike two different unions merging.
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Option D. All 3 wholly owned are sold to JO and added to the MAG portfolio
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Originally Posted by Av8rPHX
(Post 3047388)
Option D. All 3 wholly owned are sold to JO and added to the MAG portfolio
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I think it would be easiest to merge PSA and Piedmont.
There, any other options not opined. |
In the near future AA won't exist. We'll be lucky to see a american flag airplane flying by 2025. AA has more debt than the other majors combined. I call liquidation.
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Originally Posted by APCsucks
(Post 3047499)
In the near future AA won't exist. We'll be lucky to see a american flag airplane flying by 2025. AA has more debt than the other majors combined. I call liquidation.
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So regional guys are still claiming they have protections. No you don’t and you never did.
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So regional guys are still claiming they have protections. No you don’t and you never did.
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Originally Posted by chrisreedrules
(Post 3047505)
The problem with liquidation in AA’s case is that they could liquidate and still owe tens of billions to their creditors. So they likely wouldn’t opt for that. Some money is better than no money at all. That being said Chapter 11 and a lot of shrinking or distressed debt restructuring are very likely.
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