American Airlines Bankruptcy Judge Neglects To Rule On AMR Exit Plan

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 there are a bunch of interesting propositions here.  First, from something I read earlier, American is supposed to be past the statutory limit a company can stay in bankruptcy protection. The judge also has the right (I believe) to allow the creditors to submit reorganization plans […]

Interesting Nugget in Pilot Response To American Airlines

I was scanning through the pilots’ union response to American Airlines and came across an interesting comment. The response states that AA’s most recent offer limits total JetBlue code sharing to 50 percent of AA’s domestic available seat miles. I haven’t run the math, but I believe this would represent a significant expansion of the JetBlue code share. Since AA started cooperating with JetBlue in a larger way I’ve been hoping for greater participation (AA EQMs for JetBlue flights would be great), similar to the AA/Alaska Air partnership. We’re still […]

A Couple Of Thoughts On Recent AA Merger Discussions

This news is a couple of days old, but AA has announced they are open to discussing a merger during bankruptcy. I especially like the quote, “To be clear, American has committed to work in collaboration with the (creditors) committee to develop only potential consolidation scenarios and this agreement does not in any way suggest that a transaction of any kind or with any particular party will be pursued.” from AMR. They reference “members of the creditors committee” campaigning strongly for AA to consider a merger.  What they don’t say […]