Feb 14, 2013, 9:50 am
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)
Apr 19, 2012, 1:21 pm
#136
Join Date: Sep 2011
Location: BOS
Posts: 85
Impact of a possible AA and US Air Merger
The largest unions stated today that they would be in favor of an merger with US air. Doesn't mean it is a done deal, but suggests progress is being made.
Who can forecast how this would impact all of our miles.
Who can forecast how this would impact all of our miles.
Apr 19, 2012, 1:27 pm
#137
Join Date: Apr 2010
Location: SF Bay Area
Programs: Marriott Bonvoy Ambassador, AA EXP
Posts: 2,704
I think US miles are even more worthless than DL. Also, US does not have a premium product on par with the other US legacies. So I hope no merger will happen.
US seems to focus at airports that have little competition at their hubs. Also, US once had a lot more service at LAX than it does today. And because PHX is very nearby which is where US is based, I worry that LAX might not make it.
US seems to focus at airports that have little competition at their hubs. Also, US once had a lot more service at LAX than it does today. And because PHX is very nearby which is where US is based, I worry that LAX might not make it.
Apr 19, 2012, 1:29 pm
#138
Suspended
Join Date: Sep 2006
Programs: AAdvantage PP
Posts: 13,913
AMR Unions Said Prepared to Back US Airways Takeover Offer
By Zachary R. Mider, Jeffrey McCracken and Mary Schlangenstein - Apr 19, 2012 11:09 AM PT
American Airlines’ three largest unions have agreed to support a possible takeover offer from US Airways Group Inc. (LCC) rather than remain independent, three people familiar with the matter said.
The groups plan to say that they believe they can reach better terms with US Airways than what they expect if American parent AMR Corp. (AAMRQ) exits bankruptcy by itself, according to the people, who asked not to be identified because the talks are private.
http://www.bloomberg.com/news/2012-0...tml?cmpid=yhoo
By Zachary R. Mider, Jeffrey McCracken and Mary Schlangenstein - Apr 19, 2012 11:09 AM PT
American Airlines’ three largest unions have agreed to support a possible takeover offer from US Airways Group Inc. (LCC) rather than remain independent, three people familiar with the matter said.
The groups plan to say that they believe they can reach better terms with US Airways than what they expect if American parent AMR Corp. (AAMRQ) exits bankruptcy by itself, according to the people, who asked not to be identified because the talks are private.
http://www.bloomberg.com/news/2012-0...tml?cmpid=yhoo
Now five years down the road it may be a different story.
Apr 19, 2012, 1:30 pm
#139
Join Date: Oct 2011
Location: Texas
Programs: AA Lifetime Gold
Posts: 279
Also I'm surprised there hasn't been more chatter about this! I understand why the unions would want to "stick it to management" but I suppose we can't judge until we know what US is bringing to the table...
Apr 19, 2012, 2:06 pm
#140
Join Date: Aug 2004
Location: New York City
Programs: Delta Gold
Posts: 106
Parker and company will promise the unions at AA the sun, the moon and the stars to get a deal done. They should talk to their union brethren at US Airways to see how they're faring. Once the ink is dry on a merger then I'm afraid they'll be in the same boat as the Frontier unions once Republic took over.
Apr 19, 2012, 2:13 pm
#141
Join Date: Apr 2004
Location: FLL
Programs: UA 1K, B6 Mosaic
Posts: 824
Laura Glading (APFA President) must really have it out for AA. And it seems she has gotten the rest of the Unions onboard (at least so say said reports).
7 years after the USAir/America West merger, the FAs still do not have a contract and the Pilots are not any closer either (still fighting over seniority issues between the two groups).
What makes AA's unions think US Airways unions are just going to roll-over and happily accept thousands of FA, Pilots, etc. that will knock many US Air employees down the list, and some right off it.
7 years after the USAir/America West merger, the FAs still do not have a contract and the Pilots are not any closer either (still fighting over seniority issues between the two groups).
What makes AA's unions think US Airways unions are just going to roll-over and happily accept thousands of FA, Pilots, etc. that will knock many US Air employees down the list, and some right off it.
Apr 19, 2012, 4:24 pm
#142
Join Date: Nov 2008
Location: Home Airports: CAE/CLT
Programs: Hyatt Globalist, National Executive
Posts: 5,452
New article: Rumors flying of US Air, American Airlines merger
Lots of the same stuff talked about here over the last day or two.
Lots of the same stuff talked about here over the last day or two.
Apr 19, 2012, 4:41 pm
#143
Join Date: Jan 2011
Location: Mountain Time Zone
Programs: AS Million Miler/Marriott Lifetime Titanium/ IGH Ambassador
Posts: 5,991
New article: Rumors flying of US Air, American Airlines merger
Lots of the same stuff talked about here over the last day or two.
Lots of the same stuff talked about here over the last day or two.
Apr 19, 2012, 5:32 pm
#144
Join Date: Jun 2010
Location: DCA and STL
Programs: AA Concierge Key, Marriott Lifetime Titanium, National Car Executive Elite
Posts: 524
Laura Glading (APFA President) must really have it out for AA. And it seems she has gotten the rest of the Unions onboard (at least so say said reports).
7 years after the USAir/America West merger, the FAs still do not have a contract and the Pilots are not any closer either (still fighting over seniority issues between the two groups).
What makes AA's unions think US Airways unions are just going to roll-over and happily accept thousands of FA, Pilots, etc. that will knock many US Air employees down the list, and some right off it.
7 years after the USAir/America West merger, the FAs still do not have a contract and the Pilots are not any closer either (still fighting over seniority issues between the two groups).
What makes AA's unions think US Airways unions are just going to roll-over and happily accept thousands of FA, Pilots, etc. that will knock many US Air employees down the list, and some right off it.
Apr 19, 2012, 7:53 pm
#145
Join Date: Aug 2003
Posts: 2,373
Congratulations to the AA employees that have steered their jobs right into the Doug Parker cross hairs. Certainly hope you get everything you hope for with him.
Apr 19, 2012, 8:35 pm
#146
Join Date: Jul 2002
Location: Laguna Beach, CA; Former DL everything, now AA/AS everything; SPG Plat; Marriott Plat; and all that other stuff!!
Posts: 245
Oh Crap!! I just retired after 35+ years in my chosen profession and w/1.2m AA miles in the bank for Mrs. Bareflanks and I to have some fun with. I stopped flying USAirways after they bought PSA and took the smiles off the planes in the 80's.
Hope I don't have to 'relinquish my miles for monetary consideration"
Hope I don't have to 'relinquish my miles for monetary consideration"
Apr 20, 2012, 2:19 am
#147
Join Date: Feb 2012
Location: SAN
Programs: AA-EXP; US-Silver; Marriott-Platinum; Starwood-Platinum; Hilton-Gold
Posts: 1,260
Unions back us air merger
http://finance.yahoo.com/news/amr-un...233020436.html
DALLAS (AP) -- Unions at American Airlines plan to support a potential takeover offer by rival US Airways, according to two people familiar with the situation. The unions believe that combining with US Airways would give American the best chance to grow and preserve jobs, said the two, who spoke on condition that they not be identified because no decision has been announced.
An announcement by the unions is possible as early as Friday morning, they said.
<redacted>
___
DALLAS (AP) -- Unions at American Airlines plan to support a potential takeover offer by rival US Airways, according to two people familiar with the situation. The unions believe that combining with US Airways would give American the best chance to grow and preserve jobs, said the two, who spoke on condition that they not be identified because no decision has been announced.
An announcement by the unions is possible as early as Friday morning, they said.
<redacted>
___
Last edited by JDiver; Apr 20, 2012 at 11:49 am Reason: copyrighted entire article may not be published on FT
Apr 20, 2012, 2:20 am
#148
Join Date: Feb 2012
Location: SAN
Programs: AA-EXP; US-Silver; Marriott-Platinum; Starwood-Platinum; Hilton-Gold
Posts: 1,260
Well, at least theyre learning. This is where they failed on their attempted hostile takeover of Delta.
Apr 20, 2012, 2:23 am
#149
Join Date: Jan 2007
Location: San Francisco
Programs: AAdvantage PLT
Posts: 516
I keep saying it. AKL has lots of cash, and if they were to break with DL, they could cripple DL on the West Coast and create an instant Western competitive advantage to challenge United--whose customers are ripe for picking after the fiasco.
Whether ALK has the desire and wherewithal to do a 3-way deal with US and AA, I think is doubtful, especially since it would create four layers of legacy employees with LOTS of conflict, but on paper, it could work.
Whether ALK has the desire and wherewithal to do a 3-way deal with US and AA, I think is doubtful, especially since it would create four layers of legacy employees with LOTS of conflict, but on paper, it could work.
Last edited by pdquick; Apr 20, 2012 at 2:38 am
Apr 20, 2012, 3:02 am
#150
Join Date: Jan 2007
Location: San Francisco
Programs: AAdvantage PLT
Posts: 516
[QUOTE=newyorkgeorge;18411086
USAir needs AA more than AA needs USAir and Parker appears to be dying to do a merger (he has tried to dance with just about everyone else.) If he can make a compelling argument to creditors he has a very good shot at doing something. [/QUOTE]
But three unions and the Pension Benefit Guarantee Corporation are on the 9-member unsecured creditors board. A deal that protects pensions, and that also gives the banks and lessors something to pique their interest might just be able to fly.
USAir needs AA more than AA needs USAir and Parker appears to be dying to do a merger (he has tried to dance with just about everyone else.) If he can make a compelling argument to creditors he has a very good shot at doing something. [/QUOTE]
But three unions and the Pension Benefit Guarantee Corporation are on the 9-member unsecured creditors board. A deal that protects pensions, and that also gives the banks and lessors something to pique their interest might just be able to fly.