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AMR Risks Losing Control of Bankruptcy Exit
American Airlines parent AMR Corp (AAMRQ). risks losing control of its ability to exit bankruptcy as an independent carrier after three possible suitors emerged within two months of its Chapter 11 filing. (www.bloomberg.com) 更多...Sort type: [Top] [Newest]
I realize it's just a headline, but AMR "handed over the yoke" when they declared BK. The court controls AMRs fate...AMRs board, executive staff, unions, employees, etc. have "input" but ultimately not control.
Didn't we read this same conjecture last week? ALL companies that file for bankruptcy "risk losing control" of their ultimate fate. This just proves that, even in bankruptcy, AAL is a strong company.
Something very similar. At that time, US Airways was only out there in conjecture as a merger partner, post bankruptcy. Now, according to the article, they are formally assessing an offer. None of the conjecture last week, that I remember, was talking of an offer being pre-bankruptcy as this article is, although in hindsight, any would just about have to be. If AMR can go through with it's plan, it should be strong enough to stand alone or maybe find a good dance partner because it wants to rather than has to.
I hope they can make it through as a stand alone. And I hope Eagle does as well....because I would like to count on them for a job in the next few months!
Though they haven't announced it, I personally think Eagle is gone to be replaced with contracts. My bet's on Mesa
What ever happens I just hope I can keep my Platinum status and my miles...