Tag merger

One of the reasons American Airlines is currently in Chapter 11 bankruptcy is arrogance.   American was “too proud” to declare Chapter 11 when the rest of the industry did after 9-11 and restructure, even though restructuring at that time to…

The speculation runs rampant: will American Airlines survive bankruptcy alone or be the target of a takeover by one of three companies most often mentioned: Delta Air Lines, US Airways or private equity group TPG. The consensus is that a…