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I hear Horton thinks He is going to be able to merge AMR Jetblu and ALK this fall
Synergies of 3.8 Billion and 1/3 the debt load of a LCC merger...
How? If this is possible this industry is even more screwed up then I thought!
MERGER PARTNERS
People familiar with AMR management's thinking have said that management wants to negotiate a merger on its own terms after emerging from bankruptcy, and could set its sights on different targets, ranging from JetBlue Airways Corp to Alaska Air Group Inc to US Airways.
But the president of the Allied Pilots Association, which represents AMR's pilots, told Reuters this week that US Airways is the only realistic and willing merger partner for AMR.
APA President David Bates said he had not seen interest from either JetBlue or Alaska Air on a potential merger, while a deal with bigger carriers United Continental Holdings Inc or Delta Air Lines Inc would not get regulatory approval.