audidudi From United States of America, joined Oct 2007, 262 posts, RR: 0 Posted (1 year 4 months 2 weeks 9 hours ago) and read 38141 times:
Just heard on FOX Business News that according to The Wall Street Journal, DL may be interested in acquiring AMR. '' DL and TPG Capital are separately assessing possible bids for American Airlines parent AMR".
No further details.
STT757 From United States of America, joined Mar 2000, 16266 posts, RR: 52 Reply 3, posted (1 year 4 months 2 weeks 9 hours ago) and read 37947 times:
According to the article both Texas Pacific Group and DL are interested:
Quote: Delta Air Lines Inc. and private equity firm TPG Capital are separately assessing possible bids for American Airlines parent AMR Corp., with hopes that AMR's troubles presents another opportunity for airline consolidation, people familiar with the matter said.
AMR filed for bankruptcy court protection in late November and is in the midst of restructuring its debt and cutting labor costs after it. Any bid for AMR likely would come several months from now. AMR could use the bankruptcy process to shed a trove of obligations that a buyer might be hesitant to assume.
Quote: Delta has hired Blackstone Group as its financial adviser to assess a potential AMR bid, people familiar with the matter said. Blackstone helped Delta restructure in its 2005 bankruptcy.
Quote: Delta has conducted an antitrust analysis on a possible tie-up with AMR and concluded that with some concessions, such a deal has a good chance of getting approval from regulators.
Here's what I think if DL makes a play:
DL would drop ORD. ORD would be become like Denver and Atlanta that went from two Legacy hub carriers to one legacy and one LCC.
DL would grab DFW, MIA, LAX.
DL would be required to divest all of AA's slots at LGA and JFK, however they would be able to acquire T-8 at JFK. The JFK slots would go into a pool to be bid upon (B6, WN, VX being the beneficiaries IMO). The LGA slots would be pursued by UA and WN.
ScottB From United States of America, joined Jul 2000, 6365 posts, RR: 34 Reply 4, posted (1 year 4 months 2 weeks 9 hours ago) and read 37823 times:
Quoting audidudi (Thread starter): Just heard on FOX Business News that according to The Wall Street Journal, DL may be interested in acquiring AMR. '' DL and TPG Capital are separately assessing possible bids for American Airlines parent AMR".
No further details.
Delta probably does not want all of AMR, but rather selected assets like MIA, DFW, and the JFK terminal. The key is figuring out how much of AA they'd be allowed to take by DOJ/DOT.
commavia From United States of America, joined Apr 2005, 10193 posts, RR: 62 Reply 5, posted (1 year 4 months 2 weeks 9 hours ago) and read 37763 times:
The actual article from WSJ says that Delta is assessing a bid as a potential further consolidation opportunity, believing that with some concessions they would stand a "good chance" of winning antitrust approval. I doubt it. I think Delta may well be interested in picking apart certain pieces of AMR, but I don't expect that to be successful. Like many others, I think AMR - particularly given some if its inherent strengths and advantages as it goes through this process - stands a very good chance of emerging from this process as an independent company (i.e., not picked apart and/or bought by another airline/airlines).
Separately, the article also mentioned that TPG is also examining a bid for AMR and - unlike Delta - has made contact with the company about such a proposal. This seems far more plausible. Not only does TPG have extensive experience (and success) in the airline industry, but TPG and AMR have a longstanding and positive relationship. I could absolutely see AMR bringing TPG into the fold in any restructuring and recapitalization.
commavia From United States of America, joined Apr 2005, 10193 posts, RR: 62 Reply 7, posted (1 year 4 months 2 weeks 9 hours ago) and read 37692 times:
Quoting STT757 (Reply 7): DFW (albeit a bit smaller), MIA and LAX fit perfectly into DL's network.
I'm sorry - I just think the prospect of this is laughable. I simply do not see any way that any administration is going to allow one airline to grow that large through an acquisition. Hubs in ATL, JFK, DTW, MSP, DFW, MIA, SLC, and LAX? I have a hard time believing that would ever pass regulatory approval - even if it was just DFW/MIA/LAX.
I recognize the salivating that some are doing over the concept, but I think it's unrealistic.
TeamInTheSky From United States of America, joined Apr 2011, 507 posts, RR: 0 Reply 9, posted (1 year 4 months 2 weeks 9 hours ago) and read 37563 times:
Whoever DL is paying to do their "Anti-Trust Analysis" is obvioulsy touching their hand to a document and then saying, "Yep feels good to me." It took 47 years to get a slot swap through, no way this gets done (even though I would personally love it).
Maybe this is DL's way of going after WN. "You buy into my market by taking Airtran, I will take Numero Uno position in Dallas."
Since 2010: DL, KL, AF, WX, IG, FR , FL, U2, AK, BA, OK, UX
commavia From United States of America, joined Apr 2005, 10193 posts, RR: 62 Reply 10, posted (1 year 4 months 2 weeks 9 hours ago) and read 37435 times:
Quoting par13del (Reply 9): If AA sheds 50-60% of itself in Chpt.11 no one really cares who buys them, but if they do not shed that much size, I don't see government approval of any purchase by DL or UA, US maybe.
If AMR shrinks by 50-60% in Chapter 11, AA will cease to exist. It's as simple as that. Not sure why anybody would expect that, seeing as that was far from the experience at Delta, United, and USAirways during their restructurings, during which all of them shrunk more in the 5-10% range, and considering that it is arguable that AMR is - in several ways - in a far stronger position than they were entering Chapter 11.
Thus, since I think it's far-fetched to see AA shrinking by half or more in bankruptcy, I think it's unlikely that this hypothetical Delta-AMR cherry-picking thing would ever receive regulatory approval.
elmothehobo From United States of America, joined Aug 2006, 1515 posts, RR: 1 Reply 12, posted (1 year 4 months 2 weeks 8 hours ago) and read 37325 times:
Quoting par13del (Reply 9): If AA sheds 50-60% of itself in Chpt.11 no one really cares who buys them, but if they do not shed that much size, I don't see government approval of any purchase by DL or UA, US maybe.
There is no way that American is cutting itself in half. That would amount to keeping DFW, MIA and keeping either LAX or JFK. There is no way that American drops two cornerstones in bankruptcy. At the extreme, American sheds 25% of its total capacity (including mainline, Eagle and Connection) - that would entail cutting one of the cornerstones (LAX or NYC) and half of ORD.
IMO you won't see anything greater than 5-7.5% of its total ASMs (again, mainline, Eagle and Regional) - and that's short term. Remember, American spent the last decade cutting away the fat, its network is about as lean as it'll get, now they are trying to address overhead costs - leases and labor.
PlaneAdmirer From United States of America, joined Jul 2009, 530 posts, RR: 1 Reply 16, posted (1 year 4 months 2 weeks 8 hours ago) and read 37055 times:
Quoting commavia (Reply 6): Separately, the article also mentioned that TPG is also examining a bid for AMR and - unlike Delta - has made contact with the company about such a proposal. This seems far more plausible.
It's far more plausible that either a single private equity firm or a consortium of PE firms will provide the necessary equity to fund the bk exit than DL buying AA. A purchase by DL is politically undesirable on anti-trust grounds and the loss of employment at AA if AA were sold or carved up to various airlines. DL's interest may motivate the other partners in Oneworld to invest alongside the PE firm(s) to avoid losing their US partner.
It makes sense for DL to look and it should be expected that US will too, but looking isn't the same as buying or being able to complete the transaction.
tsnamm From United States of America, joined May 2005, 602 posts, RR: 0 Reply 17, posted (1 year 4 months 2 weeks 8 hours ago) and read 36994 times:
Quoting commavia (Reply 7): I simply do not see any way that any administration is going to allow one airline to grow that large through an acquisition
exactly...all relevant agencies would throw up so many roadblocks its not funny. While many in the industry see consolidation as good and inevitable, the government seemingly doesn't. With the possible exception of US, I couldn't envision any other merger or acquisition will get any green light. Unless AA liquidates DL won't be cherry picking their assets.
flyinryan99 From United States of America, joined Feb 2001, 1919 posts, RR: 11 Reply 19, posted (1 year 4 months 2 weeks 8 hours ago) and read 36929 times:
If this were to happen, I would be buying stock of business aircraft manufacturers. More small cities being cut and less competition would drive businessmen/women to less productivity.
The only way I could see this happening is if USAirways and Delta go in and do a packaged bid to split up assets. I am definitely against this as I think the airline system is very healthy the way it is. No growth or very limited growth over the next 5 years is what I think would do well for the industry.
commavia From United States of America, joined Apr 2005, 10193 posts, RR: 62 Reply 20, posted (1 year 4 months 2 weeks 8 hours ago) and read 36843 times:
Quoting tsnamm (Reply 17): While many in the industry see consolidation as good and inevitable, the government seemingly doesn't.
I disagree - I think regulators in the last few years actually have woken up to the industry's chronic capital destruction problem, and have recognized the value and need for consolidation. Nonetheless, I think this has a limit. And allowing the nation's second largest airline to acquire its third largest, and in the process lock up around one third of the nation's airline capacity, is - I suspect - far beyond that limit.
Quoting tsnamm (Reply 17): With the possible exception of US, I couldn't envision any other merger or acquisition will get any green light.
Agreed. While I'm not necessarily predicting or advocating it, I do think an AA-USAirways merger could get regulatory approval. I do not think the same is true of any AA-Delta transaction, short of something so limited and watered down so as to - in my estimation - make it not worth the time, money and effort for either party.
Quoting tsnamm (Reply 17): Unless AA liquidates DL won't be cherry picking their assets.
tsnamm From United States of America, joined May 2005, 602 posts, RR: 0 Reply 21, posted (1 year 4 months 2 weeks 8 hours ago) and read 36661 times:
Quoting commavia (Reply 20): I disagree - I think regulators in the last few years actually have woken up to the industry's chronic capital destruction problem, and have recognized the value and need for consolidation. Nonetheless, I think this has a limit.
I agree with your assessment overall ; I was speaking in terms of this particular match up. As you say, their acceptance has limits, and this scope of a merger well exceeds it. A domestic industry with 2 mega carriers, 1or 2 medium ones,and a few smaller ones is a scenario regulators would surely want to avoid.
yellowtail From United States of America, joined Jun 2005, 5172 posts, RR: 2 Reply 24, posted (1 year 4 months 2 weeks 8 hours ago) and read 36590 times:
You guys forget that ultimately there is only one way to survive in the airline industry...and that is grow. and ultimately at some point the only way to grow is to buy competitors.
If US and DL were to come up with joint bid where DL gets JFK, MIA and LAX and US gets DFW, LGA and ORD I see no problem with this this...both carriers would be stronger. US (presumably keeping the AA brand) would then go into OW and you would have three very strong legacy carriers competing vigorously, with 2 very strong LCCs (WN and B6) and some nice niche player NK, AS and HA. Sounds like a sound air transportation system to me.
DL would have ATL, MIA, JFK, LAX, MSP, SLC and a small hub at LGA.
US (AA) would have PHX, DFW, CLT, PHL, ORD
UA would have EWR, IAD, ORD, DEN, IAH and SFO
When in doubt, hold on to your altitude. No-one has ever collided with the sky.
25 dtw9: So you're saying Delta would just close their second largest hub at DTW?
26 kiwiandrew: I think we may have a winner here. I cannot believe that DL would seriously bid with any hope of being allowed to take over AA. I simply cannot imagi
27 LDVAviation: What you seem to forget is that all three of AA's major unions have a seat on the unsecured creditors committee. If they are scared of losing their j
28 TeamInTheSky: I got it Gents! This is FINALLY DL's way to get their hands on AS, which has been their target all along per this outlet.
29 rjm777ual: Wow good move by DL. If they do in fact buy AA, they can possibly open up more asian routes to compete with UA and their huge asian network.
30 srbmod: If DL is going to make a play for AA, I see it being something more along the lines of the abortive merger between UA and US about a decade ago. Some
31 catiii: Could it be a move by DL to force US' hand, and thus begin the industry consolidation endgame in the United States? There's no doubt in my mind that D
32 Viscount724: Sounds like a very good solution to me. Even with recent consolidation the U.S. doesn't need as many carriers as it has. It would also make U.S. airl
33 Tdan: Won't happen unless AA is broken up into pieces and acquired by DL, UA and US due to antitrust issues. Don't think UA and US will sit on the sidelines
34 Macsog6: Let's not forget that this would also require foreign regulatory approval. AA being acquired would likely mean the end of 1W as AA would be merged in
35 jayspilot: First off I don't think it will happen and its just talk. Of course people at other carriers are going to try but I think that the asset holder at AA
36 deltaflyertoo: The reality is to get the US market fully balanced (its only half way there) an airline has to die. There is still too much capacity. For years peeps
37 LAXdude1023: This may well be DL trying to force US to come out of hiding and reveal their intentions. I cannot see this passing any hurdles from a anti trust stan
38 commavia: There is no need for AMR to cease to exist in order for the U.S. airline industry to reach a sustainable, profitable equilibrium. Again, the U.S. air
39 1337Delta764: If DL does buy out AMR, expect US Airways to quickly jump to Oneworld to fill in the void left by AA leaving.
40 OA412: Let me begin by saying that I am generally against mergers (yes really), and really hope that AA remains a standalone carrier. However, I have always
41 yellowtail: No, just missed that one. sorry to the dtw fans. I propose that as part of the a.net registration process that everyone must declare their loyalties
42 fpofllflyboi: If and only if it happens, sounds like alot more job losses, more metal being placed in storage possibly, higher fares and the list I'm sure goes on.
43 avek00: Antitrust law would not generally block a DL/AA combo depending on the concessions offered at a few key airports. There's nothing wrong, in and of it
44 1337Delta764: One dilemma that DL will have to face is whether to keep the Delta name or the American name. Both names seem to be equally recognizable globally, so
45 micstatic: I agree, it is profitable now. But most in the industry are predicting a downward trend coming over the next few years. As stated above, a good move
46 Viscount724: I think the AA name would be much better, at least in international markets, where many people have no idea who DL is or what country they're from. I
47 STT757: Why wouldn't DL switch to OneWorld. BA is a much stronger partner than AF, which is having big financial problems right now.
48 yellowtail: AA is generally a more recognizable name but Delta is a better global brand name. Will be hard to sell an intra-asian ticket with a brand such a AMER
49 mogandoCI: As supposed to you who is Switzerland incarnate ?
50 SATexan: WSJ is now reporting that US Airways is also evaluating a possible bid for AMR; They have hired advisors to evaluate the same. This is getting interes
51 silentbob: Given the way DL has acted when other airlines have attempted to "intrude" on their hubs or core routes, it would be hard for DL to claim that effect
52 Viscount724: It didn't seem to be a problem for Pan American, Swissair, British Airways, Air France, and many others, all of which over the years carried many tho
53 1337Delta764: Here are some things that DL and AA share in common (not including fleet): - Common model of Y seat, the Weber 5751 (although DL will be using the B/E
54 TOMMY767: Could it be possible that DL and US buy out AA and split it up? Is that even legal? MIA, DFW, LAX. DL has the momentum to make them profitable hubs an
55 commavia: How will a healthy AMR bring everybody else back into the red? On the contrary, a restructured AMR can be more competitive with other carriers who al
56 ScottB: Perhaps Delta's goal is to bid up the price for US, thus making the "new" American's capital structure less competitive after reorganization. Or perh
57 srbmod: Because they are one of the founders of SkyTeam and without DL, that alliance would likely be dissolved. I would highly doubt DL would leave SkyTeam,
58 catiii: One reason I can think of is that they have an approved JV with AF/KL on the books, and CDG isn't a slot constricted airport in the way LHR is. They
59 TOMMY767: I recall DC Air. That merger would have been a pisser had it ever come to be. But that was created on the behalf of US/UA merging. In this situation,
60 DeltaMD90: Lol of course the obvious posters taking the obvious positions. I'd love for it to happen, but I don't see if passing DOJ, even if concessions are mad
61 ripcordd: AA wont just sell 1 hub either DFW or MIA they are the future of the company and with MIA growing and a long list of future routes it will be a cash c
62 realsim: I don't see it happening at all. Not only there would be competition concerns, but also there would be a lot of political implications here: for examp
63 KC135TopBoom: I really hope this happens. I would love to see DL returning to DFW as a hub. DL could pick up more than T-8 at JFK, and slots at LGA. They would also
64 srbmod: The airline industry of 2000-9/10/2001 was a completely different landscape that what the industry became after the 9/11 Attacks. I think that had th
65 AirGabon: DL will never leave SkyTeam because, not only of the JV, but also of the very strong links with AF, KL, AZ and even KE, AM and SU. OneWorld has less
66 klkla: This makes the most sense. From an anti-trust standpoint the only major assets DL could buy with no regulatory resistance would be the MIA and LAX op
67 jetlanta: Exactly, and if the surviving carrier were to agree to divest the majority of AA LGA/JFK slots to other carriers, there would be virtually no legal j
68 STT757: If you read the Wall Street Journal article it's pretty clear DL is going into this without any misconceptions regarding getting approval (divestitur
69 NYCAdvantage: Maybe, but it also could be a genuine bid, Delta could see US as a real partner in this bid, they have worked together already, We can all agree that
70 ERJ170: Hmm... I could see DL wanting the following of AAs: LHR slots Corporate Contracts B738s B777s B787 slots LAX route authorities Brazil route authoritie
71 STT757: Considering DL has NWA's that they keep deferring I don't think it's a priority.
72 ERJ170: A slot is a slot. Just because it's a 787 slot, as DL has shown, it could be transferred to a 77W slot.. with DL, all things are possible..
73 STT757: Again DL has NWA's firm slots plus several dozen delivery slot options (which are probably better than AA's).
74 GSPSPOT: Are we just going to end up with our own version of the Soviet-era Aeroflot?? This is insanity! There are few enough choices as it is now.
75 peanuts: Surprised by some of the "definite no" answers. Never say never. History has proven many scenarios are possible. Anti trust fears are mostly unfounded
76 1337Delta764: I wouldn't be so sure if DL would want to give up DFW. DL after all has had a hub in DFW for years until 2005. AA drove DL out of DFW, and if DL bough
77 United1: No a slot is not just a slot at Boeing it's for that particular aircraft....and while buying AA would give them the potential to get a hold of whatev
78 commavia: Anything is possible, but I just do not see it - for countless reasons. I further see that plenty of A.net contributors who are big Delta and United
79 peanuts: Agreed. Most likely, yes. Personally: -AA emerge from Ch11 independent and remain so for a while: 50% -AA emerge from Ch11 and announce merger with U
80 1337Delta764: If an AA breakup between DL and US occurs, here is what I expect for the fleet: -DL gets 763ERs, 772ERs and 738s -US gets 757s (which are RR-powered l
81 DeltaMD90: Airlines have done stupid things in the past, but the fact that DL, US, and this other company are paying their lawyers lots of money to look into thi
82 GSPSPOT: Maybe, but I can't figure out WHY. DL/NW are still working out their relatively recent merger and US is still dealing with unpleasant repercussions o
83 delimit: Oh wow, lots of thoughts and I am on my phone so no quoting: Jetlanta, i repect you enormously but I really have to disagree. The DOJ would sue to blo
84 boilerla: ++ This. Working so far. There is nothing that makes a monopoly illegal, true. But engaging in monopolistic practices, in an industry with high barri
85 deltaflyertoo: Because lets for semantics say in a magical world gov't okays this. It would be a win win for US/DL. They could pull massive capacity out of market,
86 unattendedbag: 6 hours, 84 replys and no link to the actual story? Potential suitors circle American Airlines[Edited 2012-01-12 20:11:07 by SA7700]
87 commavia: ... just like how USAirways paid their lawyers "lots of money" five years ago to take over Delta? For that matter, I see an AA-USAirways merger being
88 delimit: It's not Pan Am without MIA and South America.
89 jetlanta: Wouldn't logic also dictate that the carrier with more financial resources would likely win a bidding war? Listen, I think it is highly unlikely that
90 commavia: The new United is closest than any U.S. carrier has ever gotten to what I would consider a truly "perfect" network, with hubs located in exceptionall
91 DeltaMD90: Yes, and it had a good chance of working. I never said they'd only shell out money if it was 100%, only if they had a good shot or reason to semantic
92 GSPSPOT: This merger may increase "consolidation" and improve the lot of some airline corporations, but what will it do to the person planning a honeymoon or v
93 delimit: If you are truly for free enterprise then consumer choice is not a factor. True free market capitalism depends on market forces to control corporate b
94 jetlanta: But I don't understand your legal justifications for this perspective. Your belief isn't the law. I vividly recall having this same discussion about
95 Cubsrule: The DL/US slot swap pretty clearly violated what you call the "mathematical formulas" and yet was approved with minimal concessions. Alfred Kahn was
96 CALPSAFltSkeds: If anyone's looking out for the AA employees, then a merger with DL may see the airline kind of broken up. I can't see the merged company be allowed t
97 delimit: Better coverage of South America and the Middle East than either DL or UA. As far as destinations served, DL and UA beat PA for Europe and probably As
98 enilria: The situation with DL has been brewing for a long time. I think it is mostly an attempt to throw a wrench in the process. I think all they really wan
99 Splitterz: Would UA sit idle during this process? I would like to see UA gain more control of ORD and LAX. If AA is being broken up....I don't see why UA would s
100 delimit: I think UA might want to actually finish the merger they are currently involved in before going looking for another one.
101 Splitterz: And on another point, wouldn't the labor issues be an absolute nightmare in some of the projected outcomes stemming from this board?
102 yellowtail: Trust me DL has been salivating at the LatAm AA MIA operations for some time
103 jetlanta: Really? Can you support that? But your point is well taken, those that think the government will stop this just "because" are deluding themselves. I
104 Cubsrule: I ran the numbers - at your request, as I recall, at the time DL and US proposed the swap. You can likely find the posts as easily as I can. There we
105 jcs17: DL wants MIA as a hub and will use it just as AA does. You won't have flights to Albuquerque or Des Moines, but you will have them to nearly every ma
106 TSS: If US is genuinely interested in outright acquiring, merging with, or simply enjoying relatively headache-free codeshare synergies with AA, then I ca
107 luckyone: As is MIA, with a much less efficient runway configuration than ATL. Given the opportunity, Delta would drop all but a handful of their ATL-LatAm fli
108 anonms: If DL bought AA and reverted to their previous livery, then, yes we would get the American version of Soviet-era Aeroflot.
109 ericaasen: Umm, why is everyone assuming that ORD will be gone? Why would any airline just hand the keys to Chicago to UA?
110 DeltaMD90: Keep ORD, competing with a strong UA and WN @ MDW while competing with MSP and DTW, or keep MSP and DTW strong, hubs with very little competition ser
111 ericaasen: I get that, and frankly that's why I don't see this merger happening, that and the New York mess. Do you try to keep DTW, MSP, and ORD? Do really wan
112 DeltaMD90: This is what I think would end up happening anyway. I see where you are going now... DL wouldn't want ORD but I'm sure they'd try and give it to anot
113 PlanesNTrains: Not deriding your post at all, but I just have to comment on how ironic it is in this thread that you somehow weaved the death of F9 into it. It remi
114 mikey72: DL are so ambitious I can't see them thinking twice about saying 'au revoir' to AF and CDG and 'hello' to BA and LHR. Trouble is either option would s
115 bevisisback: If this were to happen, where would it leave BA and the rest of OW? I think BA in particular would be weaker without AA.
116 AAplat4life: Under bankruptcy rules, AMR management has at least 180 to present an exclusive plan of reorganization. AMR has plenty of cash. It went into bankruptc
117 mikey72: With no American presence in OW...up sh*t creek without a paddle. A combined DL/AA (with AA's presence at LHR and relationship with BA) would have fa
118 bevisisback: Or BA would gain from joining SkyTeam. I doubt this would happen either - BA are pretty tight with QF in terms of kangaroo routes.
119 BobLoblaw: A breakup of AA with most assets going to Delta isnt going to happen. US has no incentive to help DL take over parts of AA since (Unlike AA helping UA
120 BobLoblaw: I dont think they would. ATL serves different traffic flows to Latin America than does MIA. ATL trafficf flows are more USA point of sale and have ve
121 staralliance85: I think it would be iffy if regulators would approve this acquisition. DL might just be seeking for AA's hubs such as MIA, JFK ,LAX and DFW . If I wer
122 ATLTPA: Yours is a very thoughtful post. It's about the creditors. Post financial crisis, creditors are jittery and workout sessions are tougher than ever. P
123 UALWN: Today's newspapers seem to hint to a US+TPG bid for AA. That would actually make more sense.
124 par13del: So the perception is that if AA dies no other airline will be created? In the near term DL, US, WN and UA will cherry pick and attempt to satisfy the
125 jcs17: DTW and MSP are much more efficient hubs than ORD and serve the same purpose as ORD without the delays and congestion. DL does plenty of business in
126 CHRISBA777ER: I love it - we're talking regulatory approval and hub wars, and you want to talk about a pink livery 767-400ER. At least you are consistent!
127 luckyone: I'm not sure I follow. United's headquarters was already in Chicago, so it wasn't like the entirety of both companies was moved there. Other than tha
128 LAXtoATL: AMR will be in bankruptcy roughly a year that $4bln will not last long. I think they were burning through a billion a quarter and they mortgaging ass
129 JasonCRH: Having the headquarters in Houston was never an option - it was ALWAYS going to be in Chicago.
130 jetlanta: Like I said...this deal CAN get done. http://blogs.wsj.com/overheard/2012/...a-american-might-fly/?mod=yahoo_hs
131 ckfred: ORD isn't slot controlled. The slots disappeared around 2000. Now, there was an operations cap, limiting the arrival rate, I think from around 7am to
132 Flighty: A deal like this can NOT get done. It is illegal. If it were to get done, it would have to be dismantled. I have my doubts whether UA, as it sits toda
133 AAIL86: No, build up LAX, use ORD to keep UA honest and go for complete dominance at JFK and LGA. In the meantime dump MSP, CVG and SLC... AA's hubs- ATL exc
134 ckfred: You also have to wonder how much labor trouble DL would be getting with buying out AA. I know several AA pilots who have a very poor opinion of ALPA.
135 LAXdude1023: I think some of you Delta cheerleaders need some perspective: US Airways Proposes Merger With Delta (by PanAm_DC10 Nov 15 2006 in Civil Aviation)
136 mikey72: Look you lot never mind all that American domestic guff.... ...what about us poor European saps this side of the pond.... Wouldn't this stick an A-BOM
137 commavia: That cash burn - particularly as we move into the spring and summer, and as AA begins to reject unnecessarily costly elements of their business model
138 bevisisback: This is what makes me think it will never happen. The domestic issues would be enough of a headache. When you bring in everything else.... just my tw