TPG Capital and US duke it out in bankruptcy court to buy the whole thing.
Whoever wins, all contracts are sure to be re-negotiated on better terms (from the winner's POV).
TPG will keep the fleet, route structure and brand essentially intact, with the exception of MD80s, a large chunk of which will be sold to DL
or parked, as fast as leased 737NGs can be found. TPG will eventually sell off Frontier and its fleet in pieces and close DEN
to focus on American.
US will rebrand the whole operation, keep alive the 738 order and park two MD80s for every new A32x/738. PHL
will be downgraded to a focus city, if that, to the benefit of JFK
. Several LHR
slots will be sold, either to BA
and a new attempt will be made to swap slots at LGA
will become just another station.
American Eagle operations will remain mostly unchanged and will go with the winner.
If no one comes up with enough money to satisfy the court, the company will be broken up.
will take over domestic operations at JFK
and several 738s and 752s until replacement A32xs can be sourced.
US will take over LAX
, TPAC routes and several 738s, 752s, 75Ls, 763s and 772s.
and US will fight over DFW
, the winner grabbing even more 738s and 752s.
will make a play for MIA
and LATAM routes but without much conviction, the main intent being to force UA
to spend more to get it than if they were unopposed. DL
will take some international ops out of JFK
along with some 763ERs and 772s and whatever MD80 it needs with the rest either scrapped or sold to African or Asian LCCs. DL
may take over the 738s yet to be delivered to replace its A320s, which could end up with B6
will take a few 772s and whatever it feels it needs out of ORD
. Depending on the timing, it might take on a few 763ERs if they are cheap as a stop-gap measure until its 787s start arriving.
If there are any left, FX
will get the remaining 772s for freighter conversion.
will fight over the LHR
slots, each walking away with some.
American Eagle will be broken up, the biggest chunk operating regional flights for whoever takes DFW
Biggest loser: ORD
Recep Tayyip Erdoğan has no clothes.