MOONWOLF
Well-Known Member
ahhh... Alaska 5 Dca-Lax... Alaska 1 Dca-Sea......
DOJ sues to prevent LCC/AMR link up
- Thread starter sherpa
- Start date
drunkenbeagle
Gang Member
They are approved case by case, but 99% of flights are east coast
Seggy
Well-Known Member
Who has the bigger ding a ling, Doug Parker or the DOJ.
Firebird2XC
Well-Known Member
I'm not sure we should leave Horton out of the mix. I can't help but feel like he might have a dirty ace up his sleeve somehow.
JOEFRIDAY2
Well-Known Member
Ya think?
skyw82
Well-Known Member
After reading some of the info about the doj suit I'm thinking that it's got a better than 50%. Most analysts think this suit is garbage and ridiculous. Add to the fact that aa is beyond the point of no return to get a stand alone plan.
PhilosopherPilot
Well-Known Member
After reading some of the info about the doj suit I'm thinking that it's got a better than 50%. Most analysts think this suit is garbage and ridiculous. Add to the fact that aa is beyond the point of no return to get a stand alone plan.
Yeah, but if it does go through they will have to give up DCA slots.
skyw82
Well-Known Member
I think that was going to be the case anyway. But if it goes to trial and they win they might not have to give up anything.
PhilosopherPilot
Well-Known Member
I don't know much about the process, but at least we will see the results. I'm not sure which is better for JetBlue, divestiture or a complete merger blockage.
hook_dupin
Well-Known Member
I think the DOJ will want to settle, as they'd get eaten alive in court. I bet on it and bought AAMRQ a day after then announcement. We'll see.
Autothrust Blue
"Well, on the Brasilia..."
Garton's going to be feeling pretty left out, isn't he?
Jafari RastaMan
Well-Known Member
I have considered doing this as well. If you know the member named TripleSeven, you may want to consult him. He is the only person I know who has been able to make a hefty amount of money with airline stocks.
I can't like this one enough.
Firebird2XC
Well-Known Member
Garton's not a player on their level. And he's already back to whatever reward job promised. We've got a new guy at Eagle.
Autothrust Blue
"Well, on the Brasilia..."
Now that I hadn't heard.
wheelsup
Well-Known Member
Can someone clue me in, I thought buying bankrupt stock was worthless. When the company comes out of bankruptcy isn't the stock wiped out completely in 99% of cases? Why is there any value associated with that stock right now?
Firebird2XC
Well-Known Member
They never actually invalidated then stock. They proudly proclaimed after raking employee groups over the coals that hey, lookit, all our creditors are getting paid after all!
AMR never wiped the stock, they just got delisted and wound up on the pink sheets.
wheelsup
Well-Known Member
If true why is the stock priced so low? I see it was around $0.40/share last year, but since went up to $7.00. Now down to $2.75 or so with a market cap of under $1 bil. I would assume the company is worth much more than that buy itself even without merging. Why the huge selloff?
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