Amr

[user912]

I barely recognize this profession any longer

 

[airplane wizard]

Does this mean no A319's?

 

[scoreboardII]

All I know is this means 5 more years of the bankrupcy seesaw and depressing our industry wages. Thanks AMR.

 

[satpak77]

US Airways ? this is news to me I must have my head in the sand. Holy Sh1t !

 

[Bringupthebird]

On July 20, 2011, just two and half months ago, AMR placed the largest order of commercial jets in history. 465 planes.

AMR forced Boeing to make a decision concerning the small narrow body. Boeing decided to re-engine the 37 because of AMR and not go with the New Small Airplane (NSA).

Now what? Does Boeing and Airbus give AMR the financing it needs to recover from bankruptcy or loss the orders? What assets does AMR have to leverage for Debtor in Possession (DOB) financing?

And what about the recent SEC filing separating Eagle from the holding company.

AMR is in a really bad condition.

When you owe the bank $10000 the bank owns you.

When you owe the bank $1 bil you own the bank.

Arpey's smart enough to know that.

 

[WSurf]

Doug Parker made a strong run at Delta a few years back. Look for US Airways to make a strong bid for American.

 

[XR650R]

Doug Parker made a strong run at Delta a few years back. Look for US Airways to make a strong bid for American.

Wouldn't that be one big happy family. I can't even imagine.

 

[Baronman]

How will this play out for those guys/gals still sitting on the fence to turn in their packet and head for heavens waiting room ?

Florida?

 

[cactusboy53]

The question is not bankruptcy. The question is who will buy them. DL? AS? JB? WN? UA?

Hey!! You left out America West Holdings Corp. (I mean US Airways)!!! I am very upset (vs. "angry).....!!

 

[macdu]

I started last week and have been sent home for four weeks with pay to wait for sim time.
If I get pooped on again it's back to the far east for me.

 

[Andy]

I started last week and have been sent home for four weeks with pay to wait for sim time.
If I get pooped on again it's back to the far east for me.

While I'd anticipate some downsizing, I suspect that pilot retirements are going to more than offset cutbacks in block hours. Enjoy your time off with pay. :beer:

 

[Neubyfly]

Is AA the new TWA????

 

[macdu]

Thanks, I will.

 

[goahead]

I started last week and have been sent home for four weeks with pay to wait for sim time.
If I get pooped on again it's back to the far east for me.

Good luck man I'm sure it'll all work out in the end!!!

 

[LaGarbage Man]

Florida?

Yep, although I hear Arizona is starting to give it a run for the money.

 

[Hpilot]

I do see someone buying them. Maybe TPG if not an
Airline and then taking them through the bankruptcy, bringing them
Out half size. I think it will be AS, JB, WN, or US

If you buy them you've just accepted all their debt prior bankruptcy. I believe you mean purchase them as part of the bankruptcy exit.

 

[Neubyfly]

If you buy them you've just accepted all their debt prior bankruptcy. I believe you mean purchase them as part of the bankruptcy exit.

Is AA the new TWA?

 

[JonnyKnoxville]

Hopefully the AA pilots are getting their KMart applications filled out. I hear the hot dog stands have some openings.

That is funny. What comes around goes around. Southwest pilots should take note. The unfortunate part is that many of the "Kmart pilots" that were screwed the most by AA pilots will have to go through this experience all over again.

 

[ImbracableCrunk]

Wouldn't that be one big happy family. I can't even imagine.

Sounds good to me: East and West get a big pile of seniority when they staple AA. AA guys think, "Well, I guess what's good for the goose. . ."

 

[IAHERJ]

I might be the dumbest pilot on this forum but I'm continuing to purchase shares of AMR today as I really don't think AMR will file. I've got several theories(most of them are obvious) on the sudden bankruptcy discussions we are reading about. I just don't think AMR will file if they absolutely don't have to. Here's to hoping this goes like 2003.......

IAHERJ

 

[nimtz]

I might be the dumbest pilot on this forum but I'm continuing to purchase shares of AMR today as I really don't think AMR will file. I've got several theories(most of them are obvious) on the sudden bankruptcy discussions we are reading about. I just don't think AMR will file if they absolutely don't have to. Here's to hoping this goes like 2003.......

IAHERJ

Same speech as DAL in '04. Amazing with all the good quality companies with solid cash and nice dividends that airline pilots always feel they need to play the airlines. Hedge funds and high freq guys must love us. Hope you bought some downside puts or else go to Vegas and bet on red.

 

[IAHERJ]

Same speech as DAL in '04. Amazing with all the good quality companies with solid cash and nice dividends that airline pilots always feel they need to play the airlines. Hedge funds and high freq guys must love us. Hope you bought some downside puts or else go to Vegas and bet on red.

First off, we "play" the airlines because it is an industry we follow closely. I am doing exactly that, "playing". That means I am looking at it just like I would look at putting it all on red in Vegas. You cite Delta in 2004. I played AMR in 2003. I didn't hit the sweet spot like some others I know but AMR went below a buck then jumped to 16. Airlines are fun to play because they do "swing" more than those good, quality companies with solid cash and nice dividends.

If I lose, I lose. The vast majority of my money is in high dividend paying stocks(CIM,RSO,AGD,WHX,AFF,PSEC to name a few of the extremes) but I appreciate the advice Nimitz.

IAHERJ

 

[shroomwell]

The only way AMR does not file is if all the unions agree to major concessions. If you believe that then buy it up hand over fist.

 

[Philobedeaux]

Bought 3600 shares under 2 bucks... hope it all goes like post 911 when we all made a fortune on transportation stocks.

 

[Metrojet]

I might be the dumbest pilot on this forum but I'm continuing to purchase shares of AMR today as I really don't think AMR will file. I've got several theories(most of them are obvious) on the sudden bankruptcy discussions we are reading about. I just don't think AMR will file if they absolutely don't have to. Here's to hoping this goes like 2003.......

IAHERJ

Yup - you are the winner!
There has been so much talk about this - probably the hedge fund guys driving the stock down - amr board approves ch11 - then finance come from other hedge fund to buy and merger next with ??????

Metrojet

 

[IAHERJ]

Yup - you are the winner!
There has been so much talk about this - probably the hedge fund guys driving the stock down - amr board approves ch11 - then finance come from other hedge fund to buy and merger next with ??????

Metrojet

I'm feeling so dumb. Whatever am I to do.......

 

[spacecadet1]

AA Pilots would of course go on top of any post merger seniority list. Other pilots would get to learn about proper flying technique, leadership qualities, humor techniques with hot FA's, farting, etc. from the right seat.