767-300errrrr:
what utter hogwash, and you know it....
the reports I've seen by financial institutions unrelated to this fiasco indicate that all the purchase of TWA did for AA was to saddle it with an extra 2 billion in debt, and require an immediate 1 billion goodwill write-off. Not remotely like the Ozark situation, as you say....
PS. Why did AA have over 500 TWA applicants on file prior to the purchase, if TWA was doing so splendidly; why were those applicants happy to start at the bottom of the seniority list if they'd been called for interview? Hmmmmm....
You must think the European readers of this were born yesterday.
