AA / US Airways Merger !

Peut être l'heure d'ouvrir le fil ... 

Une com de AviationWeek, vue un peu partout ...

AA et US Airways ont gagné au moins la bataille des délais pour l'examen de leur cas dans le jugement "Anti-trust" que leur a collé le DOJ US !

Ca commencera le 25 Novembre ... pour des conclusions avant la fin de l'année !

Le plan de sortie de la "Bankruptcy" de AA peut être remis en cause si le "merger" est refusé, et ça, c'est grave !

Airbus a intérêt à livrer tout ce qu'il peut avant ... hum ! (Boeing aussi !)

http://www.aviationweek.com/Article.aspx?id=/article-xml/awx_08_30_2013_p0-611966.xml


American Airlines and US Airways have won their first battle against the U.S. Department of Justice (DOJ), getting a tentative start date of Nov. 25 for the trial that would hear DOJ’s challenge against the carriers’ proposed merger.
U.S. District Judge Colleen Kollar-Kotelly granted the airlines’ desire for an expedited schedule, ruling that DOJ’s request for an early March 2014 start date was not reasonable. “March 3, I think, is too far off,” the judge said in a hearing on the issue. “It needs to be a tighter, expedited schedule.”
The carriers, which proposed a Nov. 12 start, are satisfied with the judge’s decision. “We are pleased the court has set a schedule that will enable us to resolve this litigation in a reasonable time frame,” said US Airways CEO Doug Parker and American CEO Tom Horton in a joint statement.
A DOJ spokesman said its side would be ready to present its case on Nov. 25.

ET ...

If the case ends up in court and it is blocked, American would be forced back to the drawing board for a new plan to emerge from bankruptcy as a standalone business. That decision would likely delay investment decisions, such as aircraft orders, even longer.

JPRS

Tu fais bien ...

Rappel du Seattle Times du  31 Aout,  citant R. Aboulafia !

http://seattletimes.com/html/businesstechnology/2021715730_sundaybuzz01xml.html

“Kill this merger, and many of these orders would likely vanish,” Aboulafia writes. “The odds of a 2015/2016 production downturn would increase.”

The same threat would hit Airbus, which has more than 100 orders from both American and US Airways for its current generation A320.

In an interview, Aboulafia calls the government’s attempt to block the merger as “extremely stupid and poorly thought out.” But given the aggressive stance of the Department of Justice, he rates the deal’s survival chances as no better than 50-50.

“The only rational response to the merger not going ahead is for the two carriers to retrench and shrink rather than to grow,” Aboulafia says.

If the plan falls through to transform American from a bankrupt money-loser into the biggest airline in the world and a safe haven for investment, banks will back out of financing its future jet purchases, he says.

In that case, many of its 737NG orders could melt away, perhaps along with many of its 737 MAX orders.
The latter can be replaced with orders from other airlines, but the 737NG orders are a crucial bridge to MAX production.
Losing them would leave hard-to-fill holes in the manufacturing schedule mid-decade.
Aboulafia says a downturn in narrowbody production would be partly offset by the planned ramp-up in production of the bigger widebody jets, assembled in Everett and in North Charleston, S.C. On balance that would lead to a “relatively minor market dip” in 2015 and 2016.
Aboulafia’s current Teal Group forecast predicts 131 fewer Boeing jets built in 2017 than in 2015, with the dollar value of Boeing production dropping 11 percent in that period.
Boeing spokesman Marc Birtel said he wouldn’t speculate on the potential impact of a blocked merger.

JPRS