US Airways seeking to acquire American
Mar 24, 2012, 12:37 am
#1
Original Poster
Join Date: Jun 2004
Location: SFO
Programs: AA PLT; UA Gold
Posts: 5,378
US Airways seeking to acquire American
http://bottomline.msnbc.msn.com/_new...-of-bankruptcy
US Airways seeking to acquire American out of bankruptcy
US Airways is reportedly in talks with creditors for American Airlines about a possible merger -- a deal that would reduce the number of major big national airlines to just three.
According to published reports and industry analysts, US Airways has put forward plans to take over American, which is in the process of restructuring its operations through bankruptcy.
The goal, according to a Bloomberg report, is to complete a deal before American’s parent company AMR exits bankruptcy proceedings. AMR, which filed for bankruptcy protection in November, recently received permission to extend the filing deadline for its reorganization plan until Sept. 28 and said it plans to ask for its labor union contracts to be voided.
[...]
US Airways seeking to acquire American out of bankruptcy
US Airways is reportedly in talks with creditors for American Airlines about a possible merger -- a deal that would reduce the number of major big national airlines to just three.
According to published reports and industry analysts, US Airways has put forward plans to take over American, which is in the process of restructuring its operations through bankruptcy.
The goal, according to a Bloomberg report, is to complete a deal before American’s parent company AMR exits bankruptcy proceedings. AMR, which filed for bankruptcy protection in November, recently received permission to extend the filing deadline for its reorganization plan until Sept. 28 and said it plans to ask for its labor union contracts to be voided.
[...]
Mar 24, 2012, 1:09 am
#2
In Memoriam, FlyerTalk Evangelist
Join Date: Jun 2000
Location: Benicia CA
Programs: Alaska MVP Gold 75K, AA 3.8MM, UA 1.1MM, enjoying the retired life
Posts: 31,849
Being discussed in this thread:
Horton on merger: "We're not opposed"...just not right now. 16 Mar '12
and in this thread:
AMR files for Chapter 11 / Horton named Chairman and CEO (29 Nov 2011)
Horton on merger: "We're not opposed"...just not right now. 16 Mar '12
and in this thread:
AMR files for Chapter 11 / Horton named Chairman and CEO (29 Nov 2011)
Mar 24, 2012, 5:27 am
#3
Moderator: American AAdvantage
Join Date: May 2000
Location: NorCal - SMF area
Programs: AA LT Plat; HH LT Diamond, Maître-plongeur des Muccis
Posts: 62,948
Please follow the discussion in one of the threads linked to above, or in
AAMRQ: TPG, US Airways (LCC) and Delta (DAL) consider bids for AMR Corp-- WSJ ($0.36)
AA CEO on US interest in AA takeover: "something in the cactus" in Tempe
Using Advanced Search, searching thread titles only, results threads only, with "us" (in quotation marks, as it is comprised of three or fewer characters) as the search term worked to reveal these existing threads.
A useful resource is Sticky: Using the Search Feature on FlyerTalk: The Definitive Thread in the Technical Issues Forum.
/Moderator
AAMRQ: TPG, US Airways (LCC) and Delta (DAL) consider bids for AMR Corp-- WSJ ($0.36)
AA CEO on US interest in AA takeover: "something in the cactus" in Tempe
Using Advanced Search, searching thread titles only, results threads only, with "us" (in quotation marks, as it is comprised of three or fewer characters) as the search term worked to reveal these existing threads.
A useful resource is Sticky: Using the Search Feature on FlyerTalk: The Definitive Thread in the Technical Issues Forum.
/Moderator
Originally Posted by FlyerTalk Rules
Use the Search Feature - link to this guideline
Before starting a thread, use the search feature to see if there's a recent thread on your topic. Many questions come up repeatedly on FlyerTalk. If you're wondering about a specific Hilton property in Chicago, for example, there's a good chance a thread - or 10 - already exists. The search link is located in the navigation menu near the top of the Forums page. Keeping information on the same topic confined to as few threads as possible helps members quickly find the information they need.
Before starting a thread, use the search feature to see if there's a recent thread on your topic. Many questions come up repeatedly on FlyerTalk. If you're wondering about a specific Hilton property in Chicago, for example, there's a good chance a thread - or 10 - already exists. The search link is located in the navigation menu near the top of the Forums page. Keeping information on the same topic confined to as few threads as possible helps members quickly find the information they need.