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Old 12-19-2012, 06:40 PM   #1  
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Default Amr merger

US Airways will say bye-bye to our code share and the Star Alliance. Jeff will have to fly our passengers on our jets to PHL, CLT, PHX, and DCA. This will be huge. Fingers are crossed.
Sled



AMR Said to Take Steps Nearing Merger With US Airways

By Mary Schlangenstein, Jeffrey McCracken and Beth Jinks - Dec 19, 2012


American Airlines parent AMR Corp. (AAMRQ) and US Airways Group Inc. (LCC) are moving closer to a possible merger, and a decision could come early next month, people familiar with the matter said.

Teams from each carrier are discussing how to combine departments, including personnel, compensation and severance, said the people, who asked not to be identified because details are private. AMR’s board will meet Jan. 9 to decide whether to go ahead, with an announcement possible within days, said the people. The talks may yet be scuttled or delayed, they said.

The push follows AMR’s efforts to reorganize in bankruptcy before a merger and US Airways’s quest to lead a takeover that would create the world’s largest airline. The chief unresolved issues pending with AMR’s unsecured creditors committee, which must approve any exit plan, are how to divide the equity in a new company and who would run it, three people said.

US Airways President Scott Kirby and Denise Lynn, senior vice president for people at American, have been involved in talks with pilots from each carrier, along with Jack Butler, the attorney for the creditors’ panel, two people said.

An agreement may be completed this week on work rules for each pilot group until a joint contract is negotiated with a merged carrier, one person said. Kirby is leading the merger analysis for US Airways Chief Executive Officer Doug Parker, people familiar with his role have said.

‘Ongoing Discussions’

AMR is “actively taking part in ongoing discussions” with its pilots, US Airways and the smaller airline’s pilots, Michael Trevino, a spokesman, said in an e-mailed response to questions about department-level planning, the board and a possible merger announcement by the Fort Worth, Texas-based carrier.

US Airways declined to comment about meetings with AMR, said Todd Lehmacher, a spokesman for the Tempe, Arizona-based airline.

AMR CEO Tom Horton has said the company’s future should be resolved “soon,” after completing contract changes that provided $1.06 billion in labor savings, and that he hasn’t ruled out a merger. In the past he backed a stand-alone bankruptcy exit, with tie-ups to be considered after that.

He met last week with the Allied Pilots Association board to discuss AMR’s progress in bankruptcy and plans for the future that include adding about 550 new jets to replace aging planes and increasing international service to attract more business fliers.

After becoming CEO when AMR filed for bankruptcy on Nov. 29, 2011, Horton focused first on the idea of remaining independent. US Airways began pursuing a merger in January and said in April that its bid was backed by unions for American’s pilots, flight attendants and mechanics and baggage handlers.

A combination of American, the third-biggest U.S. carrier, and No. 5 US Airways would surpass United Continental Holdings Inc. (UAL) as the world’s largest airline, based on passenger traffic.

The case is in re AMR Corp., 11-15463, U.S. Bankruptcy Court, Southern District of New York (Manhattan).
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Old 12-19-2012, 06:50 PM   #2  
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Sounds like they found a place for that 90 seat lift. GoJet better start hiring.
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Old 12-21-2012, 06:47 AM   #3  
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A combination of American, the third-biggest U.S. carrier, and No. 5 US Airways would surpass United Continental Holdings Inc. (UAL) as the world’s largest airline, based on passenger traffic.
They would probably surpass us as being the world's sh###est airline too.
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Old 12-21-2012, 08:25 AM   #4  
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They would probably surpass us as being the world's sh###est airline too.
Three separate pilot groups... what could possibly go wrong?
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Old 12-21-2012, 08:43 AM   #5  
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Three separate pilot groups... what could possibly go wrong?
What could possible go right. I have this sick feeling that "they" have figured out the magic. Get us fighting each other(with pilots EASY) i.e. America West, US Air-----AND THEY SAVE *LOADS OF MONEY----We would rather die penniless and working for 30% less than give an inch to the "other side".

Last edited by UAL T38 Phlyer; 02-11-2013 at 01:37 PM. Reason: TOS Language
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Old 12-21-2012, 09:04 AM   #6  
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Three separate pilot groups... what could possibly go wrong?
Correction: 4 groups. USAir West, USAir East, TWA and AA.

Yes, what could go wrong.
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Old 12-21-2012, 09:27 AM   #7  
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Three separate pilot groups... what could possibly go wrong?
They could staple everyone below the AA pilots then five years later give those stapled $200k to $400k which is what the TWA pilots are rumored to be looking at in their settlement.
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Old 12-21-2012, 10:15 AM   #8  
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What could possible go right. I have this sick feeling that "they" have figured out the magic. Get us fighting each other(with pilots EASY) i.e. America West, US Air-----AND THEY SAVE LOADS OF MONEY----We would rather die penniless and working for 30% less than give an inch to the "other side".
If you had any knowledge of pilot history you would know that pilots fighting amongst themselves has been going on from the beginning of the profession. ALPA is set up to placate the tribal mentality that existed during the early days of commercial aviation and unfortunately still exists today much to the detriment of the profession and used by airline management to diminish the profession. Here is a news flash: Pilots, all pilots, are employed to do the same thing, operate the same equipment and function based on the same regulations. Now if every pilot must be doing the same work why in heavens name do pilots want to work for less than their counterparts? In other words, equal work for equal pay, how simple can it get. Again history is a cruel teacher. If you read pilot history you would know that equal pay for equal work was one of the basic concepts for the establishment of ALPA, and actually was supported and somewhat promoted by the Civil Aeronautics Board before airline deregulation in 1978. Learn from your history or you are doomed to relive it, welcome to the airline pilot profession of the 21st century willing to throw away 80 years of knowledge for a momentary feeling of security. Very sad.

Last edited by UAL T38 Phlyer; 02-11-2013 at 01:42 PM. Reason: TOS in Quote
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Old 12-21-2012, 10:19 AM   #9  
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Originally Posted by Mink View Post
Correction: 4 groups. USAir West, USAir East, TWA and AA.

Yes, what could go wrong.
Wouldn't it be 6 groups? The above, plus....

US Air post-east/west merger newhires
AA furloughs
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Old 12-21-2012, 12:16 PM   #10  
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Quote:
Originally Posted by Mink View Post
Correction: 4 groups. USAir West, USAir East, TWA and AA.

Yes, what could go wrong.
Wouldn't it be 6 groups? The above, plus....

US Air post-east/west merger newhires
AA furloughs
Don't forget Reno Air!
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