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

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.
Comments (3)
  • gigeze787
    , contributor
    Comments (12) | Send Message
     
    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 2013, 03:27 PM Reply Like
  • SoCalNative
    , contributor
    Comments (429) | Send Message
     
    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 2013, 03:57 PM Reply Like
  • brasket445
    , contributor
    Comments (4) | Send Message
     
    One should be buying arm stock or us airways to make money if the deal goes through?
    27 Jan 2013, 05:16 PM Reply Like
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