spacecadet1
Well-known member
- Joined
- Jul 24, 2005
- Posts
- 260
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
Looking very likely. Heard that employees may be walking off soon.
Nothing is going to happen as long as the AMR management team has the exclusive right to put forth a reorganization plan. AMR has enough cash to operate in bankruptcy for a long time and the judge will likely extend their exclusivity period. This could go on for a long time, there may be other interested parties who have not even come forward yet. Getting the unions on board was a good move but Parker will have to do a lot more than that. LCC needs to bring money to the table because they don't bring much else and litigation form the last merger is still out there as well. Nobody has seen a detailed (and funded) merger/aquisition plan yet. I think the creditors other than the unions will need to see the money.
Sir, I am offended. How dare you insert sanity in a FI thread!
To the OP: NFW. I had to put up with a bunch of UAL liquidation threads in our darkest days from foreskin cranium posters.
I would have thought that pilots would wise up by now that liquidation's an unlikely outcome for a major carrier with a bunch of cash entering chap 11. Seriously, you have to be totally clueless to post that AMR's going to be liquidated.
To my AMR brothers and sisters, all the best. This too shall pass.
Looking very likely. Heard that employees may be walking off soon.