Delta & TPG Capital Considering Bids for American Airlines

sherpa said:
any precedent as to what happens to pilots and their seniority when ailing airline are broken up and parted out?

I wouldn't be surprised if in the event PNCL goes ch11 cjc gets sold. but then what happens to the pilots?
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The precendent would have to be way back when with Pan Am and TWA style.

There is section 1, part F of the contract; but it doesn't help much.
 
Well, what about the "one shot, one chance" interview policy? If you busted the interview that would mean you now pretty much only have 2 other choices as far as international legacies go.
 
Cav said:
We always say that and the DOJ always finds a compromise to make it happen...except UAL/USAir back in the day.

Gotta say though, the fact that this is in the press makes me worry less.
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Bam.

If you hear about it, that means it won't be happening.

Unless it's announced tomorrow. That's happened before.
 
jtrain609 said:
Bam.

If you hear about it, that means it won't be happening.

Unless it's announced tomorrow. That's happened before.
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It could happen I just don't think it's goings happen the way the media is reporting it.
 
4.1 Billion is a lot of money to keep the creditors happy. DAL or TPG would have to be offering a pretty good deal for it to get any interest.

Stranger things have happened though.
 
BobDDuck said:
4.1 Billion is a lot of money to keep the creditors happy. DAL or TPG would have to be offering a pretty good deal for it to get any interest.

Stranger things have happened though.
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DAL just threw $100,000,000.00 (extra zeroes to the right of the decimal for impact) at some South American carrier like it was extra change out of a $5 at Starbucks so it wouldn't surprise me.

Now about restoring our damned contract...
 
Pilotdude3407 said:
There is no way the DOJ will allow this to happen. They about had a heart attack during the slot swap, they aren't going to let DAL be the largest airline in the world two fold.
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Not as a straight merger. DL would buy AMR, take a few pieces they think they can make money with and sell the rest to other people.

All I'd have to say in that case to the AA people is the following. About time that the karma from the TWA deal comes back around.
 
Reason why I think it won't happen... Of course, apart from wishful thinking is...

We heard about it.

Generally the first hint that something is about to occur is when they're announcing that it's already done.

Most likely, they're doing to USAirways what AMR did to Delta during the Pan Am acquisition. Feign interest to run the price way up.
 
Depends how the deal is sold. AMR has a bunch of MD80(somethings) to be parked, so as part of a DOJ deal have an agreed amount of domestic reduction (prolly equal to the amount of MDs running around), fracture out some redundant int'l flying to LCC, HAL, along with some old 767s. Done

Could begin the final round of consolidation.
 
Doug Taylor said:
Reason why I think it won't happen... Of course, apart from wishful thinking is...

We heard about it.

Generally the first hint that something is about to occur is when they're announcing that it's already done.

Most likely, they're doing to USAirways what AMR did to Delta during the Pan Am acquisition. Feign interest to run the price way up.
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Truer words haven't been spoken.
 
Doug Taylor said:
DAL just threw $100,000,000.00 (extra zeroes to the right of the decimal for impact) at some South American carrier like it was extra change out of a $5 at Starbucks so it wouldn't surprise me.

Now about restoring our damned contract...
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That was probably money from that pension they can't afford to give you anymore.

All hail the Kr3at0rz!

Weyoun.jpg
 
HVYMETALDRVR said:
How many more mergers until we have one legacy and there is an anti-trust suit involved?
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The point of deregulation was to break up the big three (or five) airlines. While many of us are young, we certainly know (or should be aware of) modern American history.

Lemme see here, we now have Delta, Southwest, and United, with 'merican and US Airways.

Um...mkay. Worked great, didn't it?
 
Autothrust Blue said:
The point of deregulation was to break up the big three (or five) airlines. While many of us are young, we certainly know (or should be aware of) modern American history.

Lemme see here, we now have Delta, Southwest, and United, with 'merican and US Airways.

Um...mkay. Worked great, didn't it?
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I dont buy that too much, we also have Jetblue, Spirit, Virgin. Lets also not forget, Eagle, Pinnacle, ASA, Skywest, Silver, Great Lakes, Shuttle, TSA, Mesaba, Gojet, Commutair, Comair, Colgan, Frontier, Midwest Express, Gulfair.

If the airlines had not been deregulated I bet there would be 25% of the 121 jobs there are today. You think its hard to get to a major now? Imagine if there were 25% the jobs. It might have worked out ok in the 60s when the airlines were growing like wild fire and the only pilots came out of the military.
 
rickt86 said:
If the airlines had not been deregulated I bet there would be 25% of the 121 jobs there are today. You think its hard to get to a major now? Imagine if there were 25% the jobs. It might have worked out ok in the 60s when the airlines were growing like wild fire and the only pilots came out of the military.
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This is true.

I'm going to catch hell for saying this but consolidation has not been all bad for the health of the industry. I'd argue that without it we'd have more unemployed pilots than we do during this difficult economy.
 
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