Tom Horton

[captairbusbb]

Wow!!!....What an egotist!!!

American will be an acquirer???

It's no wonder the employees of AA hate their management so much..

AA in BK, and he thinks he's got so much clout, he can call the shots.

USAir thought they were so elite after BK 1, they could do it alone!!...Then BK 2. Days away from BK 2 Liquidation, they were bought by a little airline in the desert...

Tom, question for ya...??? Do you really want to emerge and be a little fish in the pond, or merge successfully now and be a player in the future??

History points to the latter, but we know how egos get in the way of rational thinking..

We know it's a shell game for your golden parachute!!!...Don't be a fool..

Captairbus

 

[Flyby1206]

He just doesnt want to merge with U. Don't take it personal, but Delta and United felt the same way.

 

[captairbusbb]

He just doesnt want to merge with U. Don't take it personal, but Delta and United felt the same way.

Flyby.......not taken personally at all!!!...We didn't want to merge with the scourge easties either!!..

My point was Tom is an egotist who needs to get off his high horse!! Nothing more, nothing less!!

 

[Hpilot]

He just doesnt want to merge with U. Don't take it personal, but Delta and United felt the same way.

If you really believe that, I've got some waterfront property for ya in Arizona. It's not that Horton doesn't want to merge, it's that he doesn't want it to happen in bankruptcy. If it happens in bankruptcy his payout will be in the tens of millions of dollars to go away. If he drags AA out of bankruptcy a stand alone, his payoff in AA equity will be in the hundreds of millions$$$. Get the picture. He doesn't give a rat's hiney about whats best for AA.

 

[CaptWidgeon]

i have no idea how much he has to make from in bk vs out of bk, but either way. say it's $10m vs $100m, i'm all for making a buck, even for making a ton of bucks but c'mon. is your ego so big you can't see that you're ego is overriding everything. from my lil pulpit, i'd be happy with $50, $40, hell even $10m...or less. don't think i could handle $100m+, if i got that much i've f'in stroke out and never get to enjoy it.

 

[Jar Jar]

The problem comes when your method of making that $100m creates so much anger that you end up needing to spend your ass off just to protect yourself and your family.

 

[redflyer65]

Horton gets his money to come out of bankruptcy, he doesn't give a rat's arse about anything else.

 

[St. Nic]

He just doesnt want to merge with U. Don't take it personal, but Delta and United felt the same way.

You do realize Horton admitted to approaching Parker a year ago about the possibility of merging?

Care to comment? Didnt think so

 

[Flyby1206]

You do realize Horton admitted to approaching Parker a year ago about the possibility of merging?

Care to comment? Didnt think so

Why would Horton/AMR want a merger with US, you answer me that.

 

[kf4amu]

Why would Horton/AMR want a merger with US, you answer me that.

They both admit it creates a stronger airline.

 

[Flyby1206]

Perhaps the biggest problem on the horizon for US Airways is that its labor costs are going to rise, Horton said. Unions there haven't had a new contract in more than seven years. Horton said Parker is in "a race against the clock" to somehow increase revenue before he has to pay higher salaries in a new contract. A combination with American would help do that because American flies many more international routes, which bring in higher fares per passenger. "It would be tremendously unwise for us to pursue a combination with a company because they are seeking to solve their own problems," Horton said.

I dont think anyone knows what is going on, Parker/Horton included.

 

[Turtle21]

He just doesnt want to merge with U. Don't take it personal, but Delta and United felt the same way.

Who can blame them? Nobody wants to hear sand storm pilots brag the rest of their career about how they saved the airline.

 

[Flybywire44]

Why would Horton/AMR want a merger with US, you answer me that.

Horton is quoted on record saying that it was his idea to merge with US Airways.

http://www.kvue.com/news/state/163845736.html

http://forums.flightinfo.com/showthread.php?t=149900

 

[Snapshot]

He should go back to making donuts in Canada.

 

[Old School 737]

He should go back to making donuts in Canada.

That's funny right there!! But I think Tim might be mad!

 

[Citjok]

Is more simple that you might think. It's about squizing the last drop of the cash cow and then bailing out. Seen it before, will see it again. Sad.

 

[ACL65PILOT]

He is paying to the creditors.

Look for a possible split or someone else offering to buy AMR in whole. The reality is that many parts would need to be sold, but the takeaway is there is better value that what Doug is currently offering. The creditors see it, and so does the AMR BOD. Interesting times.

 

[Dizel8]

If not Airways, which would give them size, then who?

ALK has said no thanks, IOW, the offer has to get a lot bigger. Frontier, why on earth? VA, again, why bother? JetBlue, again the offer has to be right, but B6 hasn't said no, certainly that is how the earnings call sounded.

No expert by far, besides even that doesn't seem to help in this business

I would say AMR-Airways, since that would give them size and then either at the same time, or shortly there after, they'll do at run ALK, although it's going to be a bidding war with DAL or they'll go for blue to get the slots in JFK to challenge DAL.

We live in interesting times