Apa ta?

[Scoot 11]

I hear AMR management and the APA came to an agreement. I also hear it's really not different than the deal,that was rejected. Do any AA pilots have any inside scoop?Thanks,
Scoot

 

[densoo]

"This afternoon the APA Board of Directors voted to present AMR management with a comprehensive counter-proposal. Management responded by agreeing to APA’s proposal. The APA Board of Directors will proceed in compliance with policy-manual requirements and vote to send the agreement-in-principle to the membership as a tentative agreement for a ratification vote. APA designed our comprehensive counter-proposal to provide our pilots with an industry-standard contract while enabling American Airlines to complete a successful restructuring and compete on a level playing field with its network-carrier peers. The Board’s vote on the motion to present the comprehensive counter-proposal was 13 for, two against and one absent. We will provide details of the new agreement-in-principle shortly."

 

[Dornier 335]

American Airlines and its pilots’ union reach an “agreement in principle” — familiar territory for both parties

 

[cbrown1]

So I guess now that Horton has all his ducks in a row he can exit out of bankruptcy strand alone.

 

[Jar Jar]

So I guess now that Horton has all his ducks in a row he can exit out of bankruptcy strand alone.

Then merge with airways and cash out.

 

[Saluki Dawg]

If they come out of BK independent, then my bet is they go after JetBlue. I think only Parker wants a US/AA combo at this point.

 

[B-atch]

If they come out of BK independent, then my bet is they go after JetBlue. I think only Parker wants a US/AA combo at this point.

.......And JB being a LCC, will immediately become UN-PROFITABLE!!

 

[Fly-By-Cable]

If they come out of BK independent, then my bet is they go after JetBlue. I think only Parker wants a US/AA combo at this point.

Just curious, what value do you see for AA in a JetBlue takeover? JFK & BOS hub? Sounds alot like getting rid of competition and will never get past the DOT.

 

[labbats]

Just curious, what value do you see for AA in a JetBlue takeover? JFK & BOS hub? Sounds alot like getting rid of competition and will never get past the DOT.

Look how good it worked out with Business Express! (sarcasm) AMR has a checkered past with acquisitions. No need to bring common sense into it now.

 

[Saluki Dawg]

Just curious, what value do you see for AA in a JetBlue takeover? JFK & BOS hub? Sounds alot like getting rid of competition and will never get past the DOT.

That's exactly what AA wants. The only reason half of these "Mergers" happen nowadays is to get rid of competition. JetBlue has what AA wants, more slots at JFK. AA sells the Terminal to Delta, divests some slots for DOJ Approval, and they call it a day.

 

[Fly-By-Cable]

That's exactly what AA wants. The only reason half of these "Mergers" happen nowadays is to get rid of competition. JetBlue has what AA wants, more slots at JFK. AA sells the Terminal to Delta, divests some slots for DOJ Approval, and they call it a day.

legacy buying an lcc to basically get rid of route competition. I dont care how many slots they divest, it will never get approval. This is exactly why delta never simply bought AT.

 

[Daddy]

The difference is that there are PLENTY of other carriers at JFK. Someone is going to make a play for JBLU. Horton and common sense do not belong in the same sentence. There is no telling what AMR will do...if you'll go into BK with almost 5B in cash, you'll do jusy about anything. Anyone know what was used to sweeten the deal? I'm guessing they upped the pay to buy the yes votes this time around. Scope will still suffer of course, but what do the old farts care?

 

[rjacobs]

JetBlue has what AA wants, more slots at JFK. AA sells the Terminal to Delta, divests some slots for DOJ Approval, and they call it a day.

And it comes full circle:
-JB got their JFK slots from TWA(I believe, might be wrong here) after AA bought them
-AA then buys JB to get those slots back
-AA sells its terminal to Delta
-AA moves back into the old TWA terminal that they sold to JB with TWA's slots.
-AA is EXACTLY in the same position it was in in JFK prior to buying and divesting TWA.

Seems like AA will be paying again for what it already paid for(and sold). This idea is so ridiculous it may actually happen.

 

[GIZMONC]

Little birdie told me that GK over at SWA had his sights on JBLUE. Jblue has a stronghold on JFK and BOS which SWA could never grow to match. Buy out a competitor you grow over night. However the Airbus birds are not a match to the SWA 737 single type but used airbuses are easy to get rid of. Being the number one customer for Boeing for the 737 I am sure SWA and Boeing could workout a deal, with either leased AC or new ones. As SWA moves forward they are going to need to replace those 88-717 with something.

 

[RT8VA]

Midwest bought by TPG which was basically NWA and then sold to Bryan Bedford who used to run Mesaba aka NWairlink. Nothing is impossible.