Printable View
Reuters:
Quote:
American Airlines in talks with Continental and US Airways
Fri Apr 25, 2008 3:51pm EDT
NEW YORK (Reuters) - American Airlines has had early-stage merger talks with US Airways and is in advanced talks for an alliance with Continental Airlines, sources briefed on the situation said.
American Airlines' talks with Continental are focused on forming an alliance. Meanwhile. Continental is in advanced merger talks with United Airlines. [Article]
Was discussing this with my AAunt on Weds night, we both called it.
Time will tell.
Good gawd, trying to get all of those unions to agree on anything, it will be one big fight, or as they say in Wrestling
[youtubetp://www.youtube.com/watch?v=WvufFwdqMzg[/youtube
This will be very interesting to see....A AA/CO merger might not make to much sense...DFW and IAH are simply to close to together as is JFK/EWR. US from a logistical stand point looks better on paper but US would drag AA down and tarnish the Silver Bird forever.
Seems that a deal with CO would be some sort of alliance, not a merger, but the talks with US involve an actual merger.
last i heard, from a very reliable source, is that senior managment from 13 worldwide airlines have been secretly meeting in montreal this past week to discuss combining all thier operations. there would be no name for this global conglomerate, just an all-white airplane with the titles: "Pay Us!"
seriously now, i've stopped beliving the media on these. when it actually happens, that's when i'll believe it.