Aa's Purchase Of Tca

[eolesen]

Since we're so caught up in dredging up past history lately.....

 

[PRINCESS KIDAGAKASH]

There's a big difference between AA's purchase of TRANS CARRIBEAN AIRWAYS and the "boneheaded" purchase of TWA by DON CARTY and his cronies,particularly GERARD ARPEY.

 

[AAmech]

Dumb, Dumb, Dumb!!!! AA NEVER should have wasted its money on this moronic aquisition. The Carribean? Who the heck goes there? This was obviously driven by the Corporate Greed of Al Casey and Bob Crandall!!! Did the phrase "Growth from Within" mean anything to these two Dingbats?

 

[aafsc]

Dumb, Dumb, Dumb!!!! AA NEVER should have wasted its money on this moronic aquisition. The Carribean? Who the heck goes there? This was obviously driven by the Corporate Greed of Al Casey and Bob Crandall!!! Did the phrase "Growth from Within" mean anything to these two Dingbats?

[post="245956"][/post]​

I am pretty sure that this transaction occured in the 1970s. I was in elementary school at that time. But it is possible that Caribbean routes were hard to come by back then because there were probably no open skies. So buying TCA would give AA route authorities to the Caribbean. As a side note EAL bought Carib Air around the same time. Remember at this time to even fly from one US city to another the airlines had to get permission from the CAB (Civil Aeronautics Board) because the industry was still regulated. In my opinion, of the 4 transactions AA has done (TWA, Reno Air, Air Cal, and Trans Caribbean). Trans Caribbean was the only one that made sense. AA's present day success in the Caribbean can be attributed in large part to TCA. Also it was a small airline with I believe only 8 planes. I admit I don't know much about TCA (since I was a kid in the 1970s). I only know from what very little I could find online. If I am mistaken or if anyone would like to add some more information-please do.

 

[Wretched Wrench]

I worked with several ex-TC employees, and there was no rancor. But also no layoffs.

 

[Hopeful]

After the purchase of TCA, they kept their director of maintenance and manager at JFK. 13 years ago the director of maintenance was walked out the door for pocketing budget money meant for the station. The manager was eventually forced to retire. What these two did to JFK in itself shows that the purchase was a bad idea.

 

[Wretched Wrench]

......................... What these two did to JFK in itself shows that the purchase was a bad idea.

[post="245993"][/post]​

Not necessarilly. On the West Coast, there were two or three major big time crooks walked out for similar offenses. and they were nAAtives.

Post hoc ergo propter hoc is considered a logical fallacy.

 

[PRINCESS KIDAGAKASH]

I think AA should buy U.S.AIRWAYS. Both airlines are full of YES voting scabs and company controlled unions, so they would be a perfect fit! If AA buys U.S.AIR, just think of the possibilities! We could have a lot more debt. That's the American way you know! We could also have another "seamless" employee seniority integration!

 

[Hopeful]

Not necessarilly. On the West Coast, there were two or three major big time crooks walked out for similar offenses. and they were nAAtives.

Post hoc ergo propter hoc is considered a logical fallacy.

[post="246000"][/post]​

And I could tell you something juicy about one of them!

 

[Senor Pelon]

The purchase of TCA was how AA began serving the caribbean. The merger took place in May 1971. My very first offline pass was on TC from JFK to SJU in early 1968. I was with TWA then, and at that time we did not fly the caribbean.

 

[Royal Ambassador]

The purchase of TCA was how AA began serving the caribbean. The merger took place in May 1971. My very first offline pass was on TC from JFK to SJU in early 1968. I was with TWA then, and at that time we did not fly the caribbean.

[post="246106"][/post]​

When did AA start flying the majority of European routes? hmmm

 

[eolesen]

When did AA start flying the majority of European routes?

[post="246122"][/post]​

Between 1983 thru 1990, AA was already flying to MAD, FRA, DUS, STR, ORY, LYS, LGW, MAN, ZRH, GVA, GLA and ARN. I'm probably forgetting a few of the early destinations. MXP, FCO, and TXL came in the early 90's.

But what's the point?... Those were all in place a full year before the LHR acquisition took place, and IIRC, TW's 1991 operation was about half the size departure-wise of the current AA operation.

 

[Senor Pelon]

When did AA start flying the majority of European routes? hmmm

[post="246122"][/post]​

If you remember prior to deregulation, the only 2 US carriers flying acroos the Atlantic were TWA and Pan Am. To Asia were Pan Am and Northwest and TWA for a little while. I don't know at the moment when was AA's first transatlantic flight, but it had to be in the early eighties. And then expanded when they purchased the LHR from Carl Ichan. Those were the jewel routes.

 

[aafsc]

Between 1983 thru 1990, AA was already flying to MAD, FRA, DUS, STR, ORY, LYS, LGW, MAN, ZRH, GVA, GLA and ARN. I'm probably forgetting a few of the early destinations. MXP, FCO, and TXL came in the early 90's.

But what's the point?... Those were all in place a full year before the LHR acquisition took place, and IIRC, TW's 1991 operation was about half the size departure-wise of the current AA operation.

[post="246127"][/post]​

Also, TWA wrote off the carrying value of the transatlantic routes from their balance sheet a couple of years before they went under because the European countries have an open skies policy with the United States. This means anyone can fly there and TWA no longer had "exclusive rights". Consequently, their value was "impaired" and written off.

 

[kirkpatrick]

TW's 1991 operation was about half the size departure-wise of the current AA operation.

[post="246127"][/post]​

TWA's LHR operation was virtually all 747's with 431 seats, plus an L1011 or two. Four 747's from JFK to LHR was over 1700 seats per day, so we packed quite a whallop even with fewer departures.

MK