What's new

Is it over FEB 1st?

NYCDelta

Senior
Joined
Dec 12, 2006
Messages
402
Reaction score
70
Location
Chicago, IL
So, if the creditors don't respond to the offer by the 1st of FEB, then it's over right? I mean, does anyone really think Mr. Parker (see, I'm respectful) will come back with an even higher offer?
I would love to get back to the task at hand: rebuilding our company.
 
So, if the creditors don't respond to the offer by the 1st of FEB, then it's over right? I mean, does anyone really think Mr. Parker (see, I'm respectful) will come back with an even higher offer?
I would love to get back to the task at hand: rebuilding our company.


Closer to the end of the beginning...

imho

good luck to all concerned.
 
Delta bondholders want US Airways talks

US Airways executives said Wednesday that they could increase their offer a second time

See Story

Regards,

USA320Pilot
 
Delta bondholders want US Airways talks

US Airways executives said Wednesday that they could increase their offer a second time

See Story

Regards,

USA320Pilot

The bondholders don't have any true authority, and it is highly unlikely an increased offer will sway the unsecured creditors as it is obvious they don't believe the merge could ever be comsummated. This deal is dead. Time to move on.
 
So, if the creditors don't respond to the offer by the 1st of FEB, then it's over right? I mean, does anyone really think Mr. Parker (see, I'm respectful) will come back with an even higher offer?
I would love to get back to the task at hand: rebuilding our company.
yes you are right. the deal is off the table if feb 1st comes and goes and the creditors do not bite. and we could all move on. i ma to the point where i do not see this thing happening myself.
 
So, if the creditors don't respond to the offer by the 1st of FEB, then it's over right? I mean, does anyone really think Mr. Parker (see, I'm respectful) will come back with an even higher offer?

He might. US is going this at the behest of Doogie's masters (banks and hedge funds) and because it allows the "accomplish what we can't do with our management skills" bankruptcy routine with the DL BK judge.

If this does not happen, he's going to be forced to run the airlines he's already got. And it will get very ugly, very quickly if that happens.

So yeah, if the folks who want less money and want to wait for it outnumber the sane ones, Parker will indeed up his offer, because he'll get played like a fiddle by the committee. He needs this deal or else he's going to have to run the business without the advantage of a BK judge.

I would love to get back to the task at hand: rebuilding our company.

As you should.
 
So, if the creditors don't respond to the offer by the 1st of FEB, then it's over right? I mean, does anyone really think Mr. Parker (see, I'm respectful) will come back with an even higher offer?
I would love to get back to the task at hand: rebuilding our company.
i think it has been over for a while now... NYCDelta is right- it's time for delta to get back to rebuilding their company and it's time for US to get back to our current merger.
 
If this does not happen, he's going to be forced to run the airlines he's already got. And it will get very ugly, very quickly if that happens.

Why do you think it will get very ugly? US Airwys w/o Delta has been doing quite well....at least $500 million dollar profit for 2006. That can continue without DL.
 
Im not sure it can continue without further re configuration of the industry. Or rather LCC needs a different kind of re configuration other than new carriers continuing to grow into LCC's current markets in the east.
 
NYC DELTA, I hope your right. We can't even get the first merger done much less try and take over you guys.
I say keep Delta your Delta.
 
Back
Top