Delta CEO on CNBC

[Linedriver]

What "possible opportunities" was Anderson speaking of concerning AA bankruptcy?

 

[ACL65PILOT]

I will be very brief.

Assets in a fragmentation of AMR

A purchase of another airline (ALK/B6) while AMR is tied up.

 

[Captain Fulough]

RJs at Eagle?

 

[ZeroThRUST]

Look for larger DL presence in MIA.

 

[johnsonrod]

What "possible opportunities" was Anderson speaking of concerning AA bankruptcy?

Simple. He was talking about cheaper London real estate...

 

[Schwanker]

Good deal on "near new" ERJs!!!

 

[Diesel-9]

DFW Base

 

[Andy]

Assets in a fragmentation of AMR

Fragmentation of AMR? ... I'll take some of what you're smoking ...

 

[fam62c]

Fragmentation of AMR? ... I'll take some of what you're smoking ...

If the creditors get a better deal from a competing plan that breaks AMR up and sells the pieces to several carriers that could happen. An airline like LCC could introduce a plan to aquire most of AMR but divest some parts to other carriers to simplify the fleet, reduce route overlap and avoid antitrust issues. The creditors want the best deal they can get and a plan that competes with AMR management's plan may give them that.

I'll be amazed of one or more carriers don't jump into the process with plans to aquire all or part of AMR. If nothing else, these carriers can make it more difficult and expensive for AMR management to get a sweetheart deal with the creditiors and come out of bankruptcy with too many cost advantages.

AMR management has already said that AMR will come out of this as a smaller airline, they may be the ones willing to sell off some parts if push comes to shove to fend off outside offers and give more to the creditors. I would say that fragmentation is a very real possibility here. For many of these creditors an equity stake in a new AMR that will be smaller than DAL and UAL may not be that attractive, cash is king.

 

[msmb]

Alaska purchase would cost more than even "Mother Delta" could afford.

 

[jetflier]

Alaska purchase would cost more than even "Mother Delta" could afford.

I don't know, but there is the "Wings Club" airline exec private club where ideas are floated to each other, just not on airfares. And then there is the Air Transport Association where all airline exec's are members too, I am sure deals are made long before we ever find out.

And money floats, from Wall Street to airlines, as long as Wall Street gets a piece of the pie.

 

[jdubya]

I think it's important to keep in mind that CEO's are cheerleaders. I'm not bashing Delta at all, as that is management at any corporation.

 

[C-150ETOPS]

I don't know, but there is the "Wings Club" airline exec private club where ideas are floated to each other, just not on airfares. And then there is the Air Transport Association where all airline exec's are members too, I am sure deals are made long before we ever find out.

And money floats, from Wall Street to airlines, as long as Wall Street gets a piece of the pie.

Don't forget Aircon which is their version of a highway rest stop mens restroom where they linger by the stalls waiting for members of airline labor to enter.

 

[Boxboy]

I think it's important to keep in mind that CEO's are cheerleaders. I'm not bashing Delta at all, as that is management at any corporation.

IMHO, the .1% control the governments which makes our so called presidents and leaders "puppets". The rest (ie. CEOs) are just their beeeeaaaahches!

 

[ACL65PILOT]

Fragmentation of AMR? ... I'll take some of what you're smoking ...

Andy, Parker cannot keep himself out of the process. Use DAL and his attempt as an example. He has learned and will jump in well before AMR presents their plan. If he is still sitting on the sidelines by the end of Feb, I will be floored. I would expect to see something sooner.

As soon as he acts, the other airlines will jump in and this will go sideways for AMR. Even if the other airlines offer the same value for the debt, they offer better risk.

As to what would work for DAL. MIA, Parts of DFW, gates in LAX and anything in NYC. UAL would love ORD, and LAX gates. LCC wants MIA route authorities.