Phoenix
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- Joined
- Apr 16, 2003
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I will pose this question: Can USAPA actually "blow this deal up" if the BPR can't endorse it?
It seems a pretty important queston to ask. If the BPR or those opposed cannot in fact stop the deal from happening then that is a totally different question for this pilot group. The leverage is not in Change of Control, it is in stopping the merger.
If USAPA has a nuke, there are those who would to use it or at least threaten to use it. What if what we really have is just a "lady finger", or a "bottle rocket"?
I would like someone to tell me how USAPA can stop this merger. What are the actual steps to be taken and what is the actual estimate for success? I believe that this quetsion has not been vetted properly. Do we get status with the Bankruptcy court? How much clout will we have on captitol hill? Will the company be able to line up enough supporters to get the deal done despite USAPA?
Do the combined carriers have enough cash that they can do it on theri own? I seem to remember that this is in excess of 6 billion in cash in the combined AMR / US company.
I for one would like to know that the threat of derailing this merger is real before we play that card.
Seems to me the real issue is always the contract. The only way a contract becomes a contract is via a "yes" vote (often capitulated under mountains of fear) or by bankruptcy judge imposition.
DUI says he will make over a billion dollars every year. Unless he is fibbing he doesn't need to have any concessions. I can't imagine why he would fib, unless our concessions helps him get to that billion dollars.