cbrown1
Well-known member
- Joined
- Jul 14, 2005
- Posts
- 492
http://blogs.barrons.com/stockstowa...lue-wont-be-americans-dance-partner-says-ceo/
American Airlines parent*****AMR*****(AAMRQ) may emerge from bankruptcy with a new partner, but it won’t likely be*****JetBlue*****(JBLU).JetBlue CEO Dave Barger told*****Bloomberg*****that he hasn’t received a nondisclosure agreement that would be a precursor to any talks with AMR. And he doesn’t apparently want one. “We’re just not interested in participating in the consolidation path, either being acquired or in acquiring another company,” said Barger. “Independence is our plan today and it’s our path on a go-forward basis.”Both American and JetBlue stayed away from recent consolidation deals, which created the mega-airlines of*****United Continental*****(UAL) and*****Delta Airlines*****(DAL).Companies that have received non-disclosure agreements include*****US Airways*****(LCC),*****Alaska Air Group*****(ALK),*****Frontier Airlines*****and*****Virgin America, according to Bloomberg.
American Airlines parent*****AMR*****(AAMRQ) may emerge from bankruptcy with a new partner, but it won’t likely be*****JetBlue*****(JBLU).JetBlue CEO Dave Barger told*****Bloomberg*****that he hasn’t received a nondisclosure agreement that would be a precursor to any talks with AMR. And he doesn’t apparently want one. “We’re just not interested in participating in the consolidation path, either being acquired or in acquiring another company,” said Barger. “Independence is our plan today and it’s our path on a go-forward basis.”Both American and JetBlue stayed away from recent consolidation deals, which created the mega-airlines of*****United Continental*****(UAL) and*****Delta Airlines*****(DAL).Companies that have received non-disclosure agreements include*****US Airways*****(LCC),*****Alaska Air Group*****(ALK),*****Frontier Airlines*****and*****Virgin America, according to Bloomberg.