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AMR's (AAMRQ.PK) board is reportedly due to meet tomorrow and on Tuesday to discuss the latest...

  • Sunday, January 27, 2:19 AM ET
    AMR's (AAMRQ.PK) board is reportedly due to meet tomorrow and on Tuesday to discuss the latest developments in its merger negotiations with US Airways (LCC), which could be finalized within two weeks. The airlines still need to agree on the management structure, the makeup of the boards, and the final price. AMR thinks its plan to exit Chapter 11 as independent carrier is still viable, although it's less likely.
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This news story has 3 comments:

  •  
    The current AMR CEO TOM Horton has proven all he knows how to do is paint airplanes a new colour (with typical Texan poor taste), give markets (SDQ, STI) away to JetBlue, and outsource flying to the cheapest vendor (Republic). Horton and his inner circle need to be fired, and replaced with a CEO who knows how to run a quality airline -- not just a GM with wings.
    27 Jan, 03:27 PM Reply Like
  •  
    Interesting GM analogy. I think the new branding is on the wimpy side. Here's the how and why for the rebrand:

    http://bit.ly/W9i1uY
    27 Jan, 03:57 PM Reply Like
  •  
    One should be buying arm stock or us airways to make money if the deal goes through?
    27 Jan, 05:16 PM Reply Like
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