This is a bit of inside baseball, not really stuff the every day traveler wants to spend time reading about. But, it is interesting to me so I figured I’d write a quick post. The New American Airlines announced its senior leadership today. There…
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…
Things took another step closer to culminating the merger between American Airlines and US Airways yesterday when the bankruptcy judge approved the merger. This was not a surprise, just a necessary mechanism in the process. The next step is for the creditors to formally…
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…
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…