AA-US Airways merger announcement as soon as next week
- Thread starter Zidac
- Start date
Champcar
Well-Known Member
No one is being forced to work at USAir. Be a little more dramatic.
ClarkGriswold
Non Nutritive Cereal Varnish Engineer
How does an airline staple 2 pilot groups together? They both deserve that.... Put the west guys at the top though. 
ComplexHiAv8r
Well-Known Member
BobDDuck said:
I'm going to call it good I have NO idea what song you are referring too!
Bandit_Driver
Gold Member
This is going to be an ugly merger for the pilot groups...
I wonder how many more mergers we'll see before the gov't starts blocking them.
I wonder how many more mergers we'll see before the gov't starts blocking them.
USMCmech
Well-Known Member
I think 4 major airlines (UniCAL, DeltaWest, AAAir, and SouthwesTran) plus some major regional players like Alaska will be as fat as the Feds would let it go.
Tld
Waffles Brah.
Pretty sure it's "SexyBack," Or maybe, "D in a Box." Yeah, I'm going with that one
Maximilian_Jenius
Super User
Cry me a River!
TheFlyingTurkey
Fetus Worshiper
http://finance.yahoo.com/news/ap-sources-american-airlines-us-004018969.html
AA - US Airways merger approved by boards of both airlines
DALLAS (AP) -- American Airlines and US Airways will merge and create the world's biggest airline. The boards of both companies approved the merger late Wednesday, according to four people close to the situation.
The carrier keeps the American Airlines name but will be run by US Airways CEO Doug Parker. American's CEO, Tom Horton, will become chairman of the new company, these people said. They requested anonymity because the merger negotiations were private.
A formal announcement is expected Thursday morning.
The deal has been in the works since August, when creditors forced American to consider a merger rather than remain independent. American has been restructuring under bankruptcy protection since late 2011.
Together, American and US Airways will be slightly bigger than United Airlines. Travelers won't notice immediate changes. It will likely be months before the frequent-flier programs are merged, and possibly years before the two airlines are fully combined.
If the deal is approved by American's bankruptcy judge and antitrust regulators, the new American will have more than 900 planes, 3,200 daily flights and about 95,000 employees, not counting regional affiliates. It will expand American's current reach on the East Coast and overseas.
The merger is a stunning achievement for Parker, who will run the new company. Parker's airline is only half the size of American and is less familiar around the world, but he prevailed by driving a wedge between American's management and its union workers and by convincing American's creditors that a merger made business sense.
Just five years ago, American was the world's biggest airline. It boasted a history reaching back 80 years to the beginning of air travel. It had popularized the frequent-flier program and developed the modern system of pricing airline tickets to match demand.
But years of heavy losses drove American and parent AMR Corp. into bankruptcy protection in late 2011. The company blamed bloated labor costs; its unions accused executives of mismanagement.
AA - US Airways merger approved by boards of both airlines
DALLAS (AP) -- American Airlines and US Airways will merge and create the world's biggest airline. The boards of both companies approved the merger late Wednesday, according to four people close to the situation.
The carrier keeps the American Airlines name but will be run by US Airways CEO Doug Parker. American's CEO, Tom Horton, will become chairman of the new company, these people said. They requested anonymity because the merger negotiations were private.
A formal announcement is expected Thursday morning.
The deal has been in the works since August, when creditors forced American to consider a merger rather than remain independent. American has been restructuring under bankruptcy protection since late 2011.
Together, American and US Airways will be slightly bigger than United Airlines. Travelers won't notice immediate changes. It will likely be months before the frequent-flier programs are merged, and possibly years before the two airlines are fully combined.
If the deal is approved by American's bankruptcy judge and antitrust regulators, the new American will have more than 900 planes, 3,200 daily flights and about 95,000 employees, not counting regional affiliates. It will expand American's current reach on the East Coast and overseas.
The merger is a stunning achievement for Parker, who will run the new company. Parker's airline is only half the size of American and is less familiar around the world, but he prevailed by driving a wedge between American's management and its union workers and by convincing American's creditors that a merger made business sense.
Just five years ago, American was the world's biggest airline. It boasted a history reaching back 80 years to the beginning of air travel. It had popularized the frequent-flier program and developed the modern system of pricing airline tickets to match demand.
But years of heavy losses drove American and parent AMR Corp. into bankruptcy protection in late 2011. The company blamed bloated labor costs; its unions accused executives of mismanagement.
Firebird2XC
Well-Known Member
I think I just threw up in my mouth a little.
That's it! Tomorrow morning I'm leaving town, and I'm spending a week hiding on the bottom of the ocean.
That's it! Tomorrow morning I'm leaving town, and I'm spending a week hiding on the bottom of the ocean.
Yeah, for a couple weeks I was ahead of Wilt Chamberlain on the "people who hold the record for the most number of women slept with." For whatever reason they keep deleting the truth.
ClearedToThe
Well-Known Member
American certainly couldn't do it.
PeanuckleCRJ
Poodle Wrangler
No kidding. Neither US nor AA have PBS either... and the contract includes PBS.
That is going to be some serious synergy.....
higney85
Property of Scheduling
PBS is only as bad as the contractual language, conversely only as good as the contractual language.
Then it's all about seniority.
So yes, mergers suck.
PeanuckleCRJ
Poodle Wrangler
Combined with DL ditching the last of the Second Officers and getting PBS, they were able to fly the same amount of block hours in 2007 as they did in 2001... with 4000 fewer pilots!
US carries a massive amount of reserves in their categories and has very archaic rules.
And ooooh wee, that SLI is gonna be a hoot to watch from the sidelines!