US Airways Has Less Competition To Worry About

US Airways Has Less Competition To Worry About Thu Aug 22, 2012

US Airways Has Less Competition To Worry About With The Possible American Airlines Merger
August 22, 2012 in SEEKING ALPHA, Aticle by Jacob Steinberg, full article can be viewd at…  http://seekingalpha.com/article/822761-us-airways-has-less-competition-to-worry-about-with-the-possible-american-airlines-merger

Each day, the likelihood of a US Airways (LCC)/American Airlines (AAMRQ.PK) merger keeps improving. After Alaska Airlines (ALK), JetBlue Airlines (JBLU) also declared that it has no interest in pursuing a merger with the bankrupt company. This is great news for US Airways, as the company has fewer competitors to worry about. Clearly, US Airways continues to be the strongest and most willing candidate for a possible merger with American Airlines.

Just a few weeks ago, CEO of American Airlines Tom Horton made it seem as if he holds all the cards in the merger, but that doesn't appear to be the case anymore.

He practically holds no cards at the moment, as the employees, unions, bondholders and many other stakeholders in the story seems to support the idea of a merger with US Airways where the new company is run by Doug Parker's team.

As Horton's options keep running out and he gets cornered, he may end up making a decision regarding the merger within a matter of weeks.

… read the full article at http://seekingalpha.com/article/822761-us-airways-has-less-competition-to-worry-about-with-the-possible-american-airlines-merge r