American Airlines and US Airways to merge into world's largest airline
18 replies, posted
[img]http://imgkk.com/i/o9iq.jpg[/img]
[url]http://www.bbc.co.uk/news/business-21454925[/url]
[url]http://www.aljazeera.com/news/americas/2013/02/20132143178106622.html[/url]
[quote]American Airlines and US Airways have announced plans to merge, in a deal that would form the world's biggest airline.[/quote]
[quote]The combined company, which will have an implied equity value of approximately $11bn, will become a fully operating entity following American's pending bankruptcy proceeding, according to a news release.
The newly-formed company, keeping the name American Airlines, will be headquartered in American's Dallas-Fort Worth base in Texas.
A merger would assemble a powerful fleet of about 1,530 mainline and regional aircraft flying some 6,428 daily flights. Combined revenues of $38.7bn in 2012 would put them slightly ahead of United and Delta Airlines.[/quote]
Not familiar with American airlines, a statement made annoying to say due to American Airlines. This a good thing or a bad thing?
I always thought that Northwest and Southwest should merge to form West Airlines.
[QUOTE=Reds;39586148]Not familiar with American airlines, a statement made annoying to say due to American Airlines. This a good thing or a bad thing?[/QUOTE]Probably good. American Airlines was going under.
I doubt this will pass federal muster. Would create too much of a monopoly.
[QUOTE=Ridge;39587021]I doubt this will pass federal muster. Would create too much of a monopoly.[/QUOTE]
Have you bean mayo tomato oh wait wrong thread
That double a is a image engrained into my American heart
Unless this brings about a big change to their policies, I'm still flying Southwest. AA has some of the most asinine policies of any Airline I've ever been on. I had a shoe box as carry on once. Literally a shoe box with paper in it, and they wanted me to check it because it was "too large".
[QUOTE=Zephyrs;39587276]Unless this brings about a big change to their policies, I'm still flying Southwest. AA has some of the most asinine policies of any Airline I've ever been on. I had a shoe box as carry on once. Literally a shoe box with paper in it, and they wanted me to check it because it was "too large".[/QUOTE]
I fly JetBlue when ever I can, Otherwise when I go to Purto Rico every year I take AA. I took spirit once and it was [b]the. worst. experience. ever[/b]
[QUOTE=Ridge;39587021]I doubt this will pass federal muster. Would create too much of a monopoly.[/QUOTE]
Does American government still even break up monopolies anymore? We are never having another AT&T level break like in the 70's, we are too corporate loving now
I thought I saw heard/saw this before, like a few months ago.
Estonian Air is doing the same with FlyBe I believe.
Like all oligopoly market mergers, the result will be higher cost and shittier service.
Go deregulation!
[editline]14th February 2013[/editline]
[QUOTE=The Baconator;39587385]Does American government still even break up monopolies anymore? We are never having another AT&T level break like in the 70's, we are too corporate loving now[/QUOTE]
I'm pretty sure I will die of old age before I see our government do any more trust-busting.
[QUOTE=Ridge;39587021]I doubt this will pass federal muster. Would create too much of a monopoly.[/QUOTE]
AA was already about to go under and this just barely puts them over United and Delta airlines profit.
American Airlines was/is always terrible. I have yet to fly with them and [I]not[/I] have problems.
Delta/United/Southwest 4lyfe
Pretty soon there's only going to be a handful of airlines. United and Continental merged, now these guys. Virgin should just buy British Airways and Quantas and get it over with.
[QUOTE=CubeManv2;39587118]That double a is a image engrained into my American heart[/QUOTE]
They've been reworking their image and branding every since filing for bankruptcy anyway, this is their new logo:
[IMG]http://l1.yimg.com/bt/api/res/1.2/gJlb.1gV4KBW7IcXv4zuVA--/YXBwaWQ9eW5ld3M7Y2g9NTQ5O2NyPTE7Y3c9MTAyOTtkeD0wO2R5PTA7Zmk9dWxjcm9wO2g9MzM3O3E9ODU7dz02MzA-/http://globalfinance.zenfs.com/images/US_AHTTP_AP_FINANCIALTIMES/b88cfac41119e102260f6a7067000bbc_original.jpg[/IMG]
I do like the new airplane livery they did more than the bare polished metal and stripes they had before too.
[QUOTE=DemonDog;39587892]American Airlines was/is always terrible. I have yet to fly with them and [I]not[/I] have problems.
Delta/United/Southwest 4lyfe[/QUOTE]
Either of those three are who I want to fly for eventually :D
[QUOTE=The Baconator;39587385]Does American government still even break up monopolies anymore? We are never having another AT&T level break like in the 70's, we are too corporate loving now[/QUOTE]
The feds disallowed AT&T to merger with T-Mobile last year.
[editline]14th February 2013[/editline]
Oh, I'm late.
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