BoeingBoy

There'll actually be a vote of stakeholders. If they vote for it only the DOT remains as a hurdle. But the stakeholders could vote it down if enough of them don't feel that the POR gives them a sufficient payout.

Jim

saranyc

When I say theoretical and you say there is a pecking order we are saying the same thing. Bond holders have first priority because without their capital the other stakeholders wouldn't have a company to have a stake in in the first place. Bond holders seem to think this is the best option for them to get their money back and the court agrees. Don't be too sure that if the govt disagrees the other stakeholders will be better off.

PWMTrav

Does anyone have any guesses on where the preferred buy up will fall? I'm hoping they keep it around, because for ~7c per PQM, it really doesn't even make sense to mileage run on US. I'm hoping to buy up to Gold after Oct 1 to keep status into 2015, but hopefully it's still an option then.

apeortdz

I am also hoping Doug Parker keeps it!!!

KennyBSAT

I'm looking for educated speculation or helpful information on booking tickets for 2014 with US miles. What are the chances that
1. US/NewAA will cancel tickets booked on Star Alliance carriers?
2. The Star Alliance carrier will take advantage of schedule or flight number change to invalidate a ticket? (There is at least one report of Lufthansa doing this on BMI awards after their merger.)
3. US/NewAA will modify some or all award tickets to use AA or Oneworld rather than the original carrier?

And how crazy would I be to book 4 international award tickets (all on UA metal), 2 using UA miles and 2 using US miles, all on the same flights?

Any insight is appreciated.

apeortdz

I booked a complex ticket on multiple *A carriers for next April and my worry level is minimal. The answer to Q1 is zero. The answer to Q2 is minimal IMO. The answer to Q3 is zero.

Mr. Vker

I imagine that alliance tickets are comped by the partner airline at time of booking. I cannot imagine them undoing them.

Also, the merger has been getting a lot of scrutiny lately. I am not sure its a slam dunk. I certainly seems like it may be delayed.

Tttony

the problems are
1. changes or flight cancellations
2. benefits of the SA when you are no longer in it. Do you have to Pay for bag? are you entitled to early boarding? how about club access for international?

burlax

Opponents to the American Airlines-US Airways mergers are filing a lawsuit Tuesday that seeks to block the deal. The plaintiffs include four from Texas.

The lawsuit is to be filed at 12:30 p.m. Tuesday in San Francisco federal district court, according to an announcement from San Francisco lawyer Joseph Alioto, who has been involved in in other plaintiffs’ lawsuits against merger.

Source: http://aviationblog.dallasnews.com/2...marriage.html/

I can't find anything on Pacer yet. So, I assume that if the papers were filed, they were filed in hardcopy. I wonder what took all these people so long

kudzu

Ah yes ... the well-known Mr. Alioto

Of interest from the linked article,
Any bets on a successful lawsuit?

BoeingBoy

The earlier your flights are in 2014 the better.

Schedule changes (including canceling flights/routes) are always a possibility, especially when booking well in advance - schedules 330 days ahead of time are placeholders only. So your flight being changed/cancelled are less within 6 months of departure and that applies to any flight.

Since no one knows when the relationship with *A will end, no one knows. I also believe that US pays the operating carrier the first settlement after the purchase (the payments between carriers are settled monthly I believe). I'd hope that US would give a cut-off date for issuing awards well in advance of that cut-off date. If they do, you'd know when you get the award tickets that they'd be good.

It's a given that at some point in time *A award tickets won't be issued - you can't expect to redeem your US/converted to AA miles on *A forever. All US FF's can only hope that Parker will give advance notice as well as insure that already issued *A tickets are valid. However, I doubt if Parker has complete discretion - I would expect that *A might have some say on how long after US leave *A they will accept US issued awards. Hopefully Parker will integrate the change from *A to OW to eliminate problems for FF's.

Jim

Tttony

There was some talk of semi legitimate lawsuits in another thread a few days ago, but this one is pretty stupid because it appears to be anti trust grounds. The department of justice basically approved this deal and when it was first proposed every legal pundit basically said that the merger would be allowed to
Go forward because the two airlines didn't compete much on major routes.

jbcarioca

Here is the IATA reference for the new global standard settlement process, SIS:
http://www.iata.org/services/finance...ges/index.aspx

Alliances and other inter-airline agreements as well as other vendors offer other solutions. As far as US carriers are concerned there is also a unique US settlement system. Almost all these transactions settle via ACH.

Exchange rates are an entirely different issue. Those used for for fare construction (IROE) are indeed monthly, but there are five other exchange rate construction methods used for other purposes. The IATA list is here:http://www.iata.org/services/finance/Pages/xrates.aspx

Not all of this works exactly through IATA, as I mentioned above, due to the alliances and inter-airline agreements, but the vast majority does, whether the airline is an IATA member or not.

That may be overkill for your comment, but...this is FlyerTalk, after all.

jbcarioca

Given the post I just made I should say I agree with your comments. It would not be conceivable that US would fail to give substantial warning of
changes to DM, including program merger with AAdvantage. As a matter of prudence I'd schedule any redemptions you want to make with the more reluctant *A redemption partners (SQ, LH come to mind) as soon as possible. OTOH, if you're looking to redeem on JJ it probably matters little because JJ is also moving to OW with timing possibly similar to that of US.

kudzu

Ahem ... are you sure?

(good to see ya here, though)