I spotted AMR's CEO Tom Horton in Manhattan today near 5th Avenue and 58th. Right by the Plaza. Was walking briskly with briefcase in hand, wearing a blue tie. Rumors are that the AMR board was meeting either yesterday or today to discuss the merger. Potentially in NYC.
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Originally Posted by bustraveler
(Post 20232105)
I spotted AMR's CEO Tom Horton in Manhattan today near 5th Avenue and 58th. Right by the Plaza. Was walking briskly with briefcase in hand, wearing a blue tie. Rumors are that the AMR board was meeting either yesterday or today to discuss the merger. Potentially in NYC.
http://finance.yahoo.com/news/report...193555827.html http://www.bizjournals.com/charlotte...html?ana=yfcpc |
Yep; Business Insider says, in part:
Speculation has been mounting about an agreement which could be announced in coming weeks, with reports yesterday indicating that the boards of the two airlines would meet tomorrow to consider the plan. Read more: http://www.businessinsider.com/ameri...#ixzz2Ki7YwL9L |
Originally Posted by JDiver
(Post 20233065)
Yep; Business Insider says, in part:
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Originally Posted by grahampros
(Post 20233096)
CNBC has been reporting the same and that's it not really in question how they will vote. That's not unusual since these things are rarely put to a vote unless it's known the support is there.
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Originally Posted by newyorkgeorge
(Post 20233248)
Its looking more and more when I wake up at 4AM Thursday and turn on the television this will be a done and announced deal (companies tend to make major announcements after the market has closed.)
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Lol, yea why not.
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Originally Posted by bustraveler
(Post 20232105)
I spotted AMR's CEO Tom Horton in Manhattan today near 5th Avenue and 58th. Right by the Plaza. Was walking briskly with briefcase in hand, wearing a blue tie. Rumors are that the AMR board was meeting either yesterday or today to discuss the merger. Potentially in NYC.
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Originally Posted by justforfun
(Post 20233457)
Yup. The blue tie was the signal that the merger was happening. If he had worn red it meant it wasn't.
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Originally Posted by justforfun
(Post 20233457)
Yup. The blue tie was the signal that the merger was happening. If he had worn red it meant it wasn't.
Provided he was carrying his briefcase in his left hand. |
Is it odd that this merger which would "create the world's largest airline" doesn't feel like that? Or is it just a matter of perspective?
I'm not for the merger (not really a fan of US), but if it happens I hope they beef up Asia - the lack of routes/representation will be sorely lacking for the world's largest airline. Just came back from vacation and United's Narita operations are pretty huge from appearances (number of passengers, gates, size of United Club). I can live with the Europe ops (I like LHR vs FRA as a connection point) and I love the coverage to South America. |
Originally Posted by OskiBear
(Post 20233530)
Is it odd that this merger which would "create the world's largest airline" doesn't feel like that? Or is it just a matter of perspective?
I think an Asian expansion is certainly warranted with the merger. I think some widebodies would be freed up based on European routes being made redundant. Furthermore, I would think a combined AA-US would consider pulling some widebodies for Asian service at the expense of seasonal Europe service. I think AA fliers would be surprised at how many of US's few A330s/767s are spent doing MCO/SJU/CUN-CLT/PHL and PHL-CLT flights during much of the year. And as much as people want to poo-poo US, the int'l J seat on all of US's international aircraft except the int'l 757s is essentially equivalent to what AA just put in the AA 77W and is thus of course ahead of AAs int'l 772, 763 and 757 J product. While I'm still anti-merger, the US fleet does give AA options that it doesn't have now. |
Hey guys - who do you think the big winners and losers are for the merger???
ex - winner: 1) Doug Parker - finally wins a deal; Now CEO of combined airline, etc - loser: 2) PHL - being so close to JFK it will undoubtedly see a major reduction in capacity |
Originally Posted by csanati
(Post 20233624)
Hey guys - who do you think the big winners and losers are for the merger???
ex - winner: 1) Doug Parker - finally wins a deal; Now CEO of combined airline, etc - loser: 2) PHL - being so close to JFK it will undoubtedly see a major reduction in capacity My guess is CLT and DCA will largely stay in tact (with perhaps some reduction of Carribean service out of CLT due to the proximity to MIA; or perhaps some scaled back to weekend only when the extra capacity is warranted). PHL will remain a major hub though some int'l routes may disappear due to the proximity to JFK. Or some routes could switch perhaps. PHX will be the biggest loser. Its a lower revenue hub and is largely redundant to DFW and LAX. The few routes where PHX is the logical connecting hub of a combined entity (say SLC to ELP) isn't a large enough market and is lower yielding. |
Originally Posted by csanati
(Post 20233624)
Hey guys - who do you think the big winners and losers are for the merger???
ex - winner: 1) Doug Parker - finally wins a deal; Now CEO of combined airline, etc - loser: 2) PHL - being so close to JFK it will undoubtedly see a major reduction in capacity Sooner or later they'll go after those cost savings, and it remains to be seen which hub(s) will suffer, or not. |
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