Though pretty much a foregone conclusion at this point, the AMR bankruptcy judge officially signed off on the antitrust settlement between American Airlines/US Airways and the DOJ. I had seen an interesting graphic the Wall Street Journal prepared a few weeks ago but forgot…
American Airlines and US Airways are getting ready to make an announcement in relation to the merger. Based on the bread crumbs I’ve seen, there are only three reasons I can foresee: 1. They’re calling off the merger. 2. They settled with DOJ. 3….
In the latest mini-development in the American Airlines/US Airways merger snafu (brought to us by our friends at the DOJ), the bankruptcy judge neglected to rule on the motion for AMR to leave bankruptcy. I can’t say I’m an expert on bankruptcy law, but…
I meant to post this yesterday when I got the below e-mail from Doug and the folks at “New American Arriving”. I received a mass e-mail from the good folks at US Airways/American Airlines detailing their thoughts on the DOJ lawsuit filed yesterday. First, the…
And this contributor to Forbes really doesn’t like it. No doubt, it’s an odd situation. As the final bankruptcy plan is sent out for creditor approval, everyone still holding American debt appears to be in position to get 100% of their money. That doesn’t…
This post won’t be riveting material for many of my readers, but I have been curious for quite some time what American Airlines’ CEO Tom Horton was getting for an exit package as a result of the merger with US Airways. I had been…
I listened in on the press conference that Tom Horton (American CEO) and Doug Parker (US Airways CEO) conducted this morning and picked up a few interesting nuggets. In no specific order: This was a theme that came up a number of times…
It looks like the merger will be announced officially in the morning. Wall Street Journal has some particulars on it. And, I think View From The Wing has done a great job of breaking down some of the various components of a merger. I…
I’ve been keeping mostly quiet about the potential American Airlines/US Airways merger. Sure, there was a story recently about how they could announce the merger next week. But, that story could have easily come out a month ago, or a month from now. So,…
The Wall Street Journal is reporting that Tom Horton, CEO of AMR (the parent of American Airlines) is in talks to become Chairman of a combined American Airlines/US Airways airline. This is a big indication to me that things are likely almost wrapped up…