American-US Airways merger proposal expected to come soon

Are you talking about the new AA stockholders after bankruptcy or the old stockholders who get left holding the bag

AAviator is talking about the AA stakeholders (not stockholders) which include the pilots, the FAs and the TWU members plus the AA unsecured creditors and other holders of allowed unsecured claims. The three employee groups will have over 21% of the new AMR stock.

If no merger, the unions and the unsecured creditors would split 100% of the new AMR stock. Parker recently said something about LCC stockholders getting roughly 50% of the stock in the combined company and Horton and some AA UCC members said that current LCC stockholders should get no more than 10% to 20% of the stock in the combined company. AAviator's point was that if current LCC stockholders end up with no more than 30% of the stock in the combined US-AA, it's hardly an acquisition/purchase of AA.
 
AAviator is talking about the AA stakeholders (not stockholders) which include the pilots, the FAs and the TWU members plus the AA unsecured creditors and other holders of allowed unsecured claims. The three employee groups will have over 21% of the new AMR stock.

If no merger, the unions and the unsecured creditors would split 100% of the new AMR stock. Parker recently said something about LCC stockholders getting roughly 50% of the stock in the combined company and Horton and some AA UCC members said that current LCC stockholders should get no more than 10% to 20% of the stock in the combined company. AAviator's point was that if current LCC stockholders end up with no more than 30% of the stock in the combined US-AA, it's hardly an acquisition/purchase of AA.

I understand the point AA was trying to make. AA is in bankruptcy and anything AA stakeholders/stockholders end up getting in value as they emerge from bankruptcy is greatly enhanced by the loss of all the old stockholders, creditors, etc. that are getting the shaft. Being defensive about an acquisition is sorta pointless.... However pointing out that Parker ain't buy shiite... I agree with that completely. Huge investors are doing the buying and you can bet that labor is going to be the collateral that is put on the block to back it, if it happens. Buying, merging, acquiring, whatever... Its all just big money soaking every unlucky shmo they can catch in the crossfire.
 
JFK/BOS vs. PHL/CLT

(think blue)
2mwcops.jpg
 
Reminder for East Pilots on Stock Options Expiring 1/31/13

This is another reminder that most East pilots have stock options remaining from a grant awarded in 2008. These options will expire 1/31/2013


From DALLA NEWS:http://aviationblog....lphia-hub.html/

...On Aug. 31, American and US Airways announced they had signed non-disclosure agreements to exchange information about a possible merger.
The original NDA expired Oct. 31, but has been extended twice – once to Nov. 30 and again to, Friday Jan. 11, according to what we hear.

If participants in the NDA talks realized a surge in LCC stock price would naturally occur as a result of info released after the conclusion of the NDA, what's the chance the NDA would be extended just a couple of weeks beyond the expiration of the the Sock Options? Nah...