There hasn’t be a lot of American Airlines related news so far in 2013, though rather than it being a slow start to the new year, it feels more like the calm before the storm.
Of course AA hasn’t been out of the headlines entirely: AMR’s stock was up yesterday, they announced a new codeshare agreement with Qatar Airways, and after announcing last year that they’d would be winding down their Caribbean connections out of San Juan, they finally made it official.
But all these items are really kind of small news compared to what’s ahead. I’m sure the next few weeks will be interesting.
Even the Amazing Kreskin is predicting big things for American in 2013, he thinks AA will be very profitable.
What he hasn’t predicted is when the new livery will be unveiled, or whether the merger with US Airways will happen. Though I suspect we’ll see these topics in the headlines soon.
American’s Board of Directors met yesterday to take up the subject of a merger. So far, there’s been very little said about what happened at the meeting.
The Alllied Pilots Association posted this update for their members:
AMR Board meeting update
posted on January 09, 2013 17:55
AMR BOARD OF DIRECTORS MEETING UPDATE: As widely reported by the news media, the AMR Board of Directors met as scheduled today. In light of the recently concluded memorandum of understanding negotiations between APA, AMR, US Airways and the US Airline Pilots Association on behalf of US Airways’ pilots, there has been some speculation that an announcement regarding a potential merger between the two carriers would be forthcoming in connection with the board meeting. No such announcement was made today.
American declined to comment other than to say “we expect to bring this to a conclusion within a matter of weeks.”
I haven’t written much about a possible merger because it’s always seemed like something that might happen way off in the distant future. And until American worked their way through the restructuring process, the situation seemed too fluid make any predictions.
I guess that distant future has arrived.
So let me ask you this: would you vote for a merger?
Photo: Zoltar Speaks
Credit: Caveman Chuck Coker on Flickr