Last edit by: JDiver
MODERATOR GUIDEPOST
The AA - US merger was approved by AMR creditors and the boards of directors of both airlines on 13 Feb 2013, and announced the 14th.
There is no further speculation about whether the merger will occur; all that is pending is approval from the bankruptcy court and the regulatory authorities.
American Airlines and US Airways approve merger: just the facts, please outlines the facts we know;
AA - US Merger Agreement / Announcement Discussion (consolidated) is the thread for discussion of the announced merger.
The AA - US merger was approved by AMR creditors and the boards of directors of both airlines on 13 Feb 2013, and announced the 14th.
There is no further speculation about whether the merger will occur; all that is pending is approval from the bankruptcy court and the regulatory authorities.
American Airlines and US Airways approve merger: just the facts, please outlines the facts we know;
AA - US Merger Agreement / Announcement Discussion (consolidated) is the thread for discussion of the announced merger.
ARCHIVE: US LCC & AMR / AA Takeover / merger Rumors and Discussion (consolidated)
#3046
Join Date: Mar 2011
Location: NYC LAX RDU
Programs: US-Plt;Concierge key; American AAirpass; Delta Silver;Starwood - Platinum; Amex Cent
Posts: 709
Although I prefer to see the carriers stay independent for selfish reasons I due tend to pull for the underdog when forced to pick a side.
#3047
Join Date: Jul 2002
Location: Virginia, USA
Posts: 4,505
It sounds like they've reached the point where they're just deciding who sits where at the table.
#3049
Join Date: Sep 2008
Location: AUS
Programs: BAEC Gold, AA PPro, Hyatt Globalist, Amex Plat
Posts: 7,024
#3050
Suspended
Join Date: Dec 2005
Posts: 9,916
Thank you for the personal attack on my intellectual capacity. Much appreciated.
The only objective way one can view the potential behavior of someone in a role is to view their past behavior in a similar role. Parker started with "US is a LCC." The it was "oh, wait, we're a legacy carrier." When oil prices spiked US did everything but start sky writing to drum up revenue with investing in HVCs that drive the profitability for airlines that run a hub and spoke model. Parker walked into the strongest carrier on the east coast and and watched an the competition ate this lunch. US had over 120 flights a day at LGA and could not figure out how to make that work in the most lucrative airline market in the world. That to me would be cause for termination.
Look, I used to a CP with US and watched the rather precipitous decline of that airline post-merger with HP. It was a disaster. I have NO reason to believe Parker will do any better with AA's assets.
The only objective way one can view the potential behavior of someone in a role is to view their past behavior in a similar role. Parker started with "US is a LCC." The it was "oh, wait, we're a legacy carrier." When oil prices spiked US did everything but start sky writing to drum up revenue with investing in HVCs that drive the profitability for airlines that run a hub and spoke model. Parker walked into the strongest carrier on the east coast and and watched an the competition ate this lunch. US had over 120 flights a day at LGA and could not figure out how to make that work in the most lucrative airline market in the world. That to me would be cause for termination.
Look, I used to a CP with US and watched the rather precipitous decline of that airline post-merger with HP. It was a disaster. I have NO reason to believe Parker will do any better with AA's assets.
US was about to liquidate when HP merged with them - hardly a "strong" carrier --
Parker or anyone isn't going to come in and burn down the house - and dismantle AA's strengths.
Whether the merger happens or not, I expect AA will devalue and loyalty rewards in the future will be more closely linked to $$$ spent.
I'm not a Parker fan - but then again there are risks in Horton's plan - neither is a wonderful option - most folks who aren't PRing it up for one airline or another can see that pretty clearly. The fact that AA JV partners are openly supports a merger calls into question that Horton's stand alone plan - which is based on growing JV revenue - can achieve those objectives. At the same time as I have said before both sides are obviously inflating their revenue projections and costs savings to support their plan. In all likelihood neither plan will achieve what is being sold.
Of course there are some folks who just will ignore anything positive US has done - like TATL Envoy Class - which is essentially what AA is now installing.
#3051
Formerly known as I_Hate_US_Airways
Join Date: Oct 2008
Location: Just South Of North
Programs: My Loyalty Programs? I now VOTE with my wallet!!!
Posts: 2,568
#3053
Join Date: Apr 2011
Location: Treasure Coast, FL
Programs: DL Diamond, Marriott LT Plat, HH Diamond, Avis Preferred Plus, National Executive
Posts: 4,578
How long would a merger take to be finalized?
Dumb question but would it impact an AA award (using Alaska Air points) I have this Summer?
Dumb question but would it impact an AA award (using Alaska Air points) I have this Summer?
#3055
FlyerTalk Evangelist
Join Date: Nov 2009
Location: Northeast Kansas | Colorado Native
Programs: Amex Gold/Plat, UA *G, Hyatt Globalist, Marriott LT Gold, NEXUS, TSA Disparager Unobtanium
Posts: 21,594
#3056
Join Date: Dec 2001
Location: Dallas
Programs: AA LTPLT UA1P Hilton Dia Marriott Plat
Posts: 1,182
#3057
Join Date: Dec 2011
Location: San Francisco
Programs: Amex MR, SPG Gold, HHonors Gold, AS MVP
Posts: 518
#3058
Suspended
Join Date: Dec 2005
Posts: 9,916
Either way if they are making Horton take Parker it is akin to a no-confidence vote, although I do think as I have said they have a ying-yang potential.
#3059
Suspended
Join Date: Jan 2013
Posts: 33
Exactly - had Horton embraced being open to the merger from the beginning instead of making all those bush league CEO comments about us airways being insignificant he would have had a chance at running the merged carrier. Parker has totally bitc@ slapped Horton in this process.
#3060
Suspended
Join Date: Jan 2013
Posts: 33
A position with no real executive authority, and only gets involved in the affairs of the company a few times per year is indeed a token position. Modern day BODs of publicly traded companies don't do much these days, which admittedly poses its own set of problems in corporate governance, but I digress.