Originally Posted by
sonofzeus
If anyone knows where I can get 30:1 that AA does NOT emerge as a standalone, pls send a PM.
Count me in on these odds also.
It is more likely than not that they emerge as a standalone company. Why?
1. $4 billion in cash entering BK (none of my clients had that anywhere near that...)
2. Delta smoking crack if it thinks the DOJ will approve an acquisition
3. The Delta, US Air and other rumors actually HELP AA management negotiate new labor deals. Do you think AA captains will all want to join Delta as senior First Officers? How much of a "tenure discount" will the FA's have to take in terms of seniority in comparison to DL FA's? Can you say SkyTenure Peso's?
4. There is also a political angle here. Do you think the Texas Congressional delegations of either the Dems or the GOP are going to be excited about seeing AA close down/severely downsize the Fort Worth HQ?
Not gonna happen, folks. Highly unlikely.