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Non-Tech : American Airlines (AMR) -- Ignore unavailable to you. Want to Upgrade?

To: Outer-limits who wrote (32)	8/15/2002 1:05:00 PM
From: Paul Senior	Read Replies (2) \| Respond to of 152

When (if) UAL goes into bankruptcy they will likely be able to void the labor agreements they have with their unions. One likely result is lower wages (and possible debt payment deferrals) which quickly will translate into lower airfares as UAL tries to assure potential fliers that it is a viable business (i.e. that it's okay to book UAL for future flights-- they'll still be around as an airline). Those lower airfares are helpfull too in overcoming the hassle passengers will encounter with UAL's picketing workers (I assume disgruntled/fired workers will do this). This will put even more stress on AMR which will have to compete with the lower fares but not be as flexible as UAL regarding costs. AMR stock could go lower as a result. I'm betting AMR won't itself go BK. And that eventually AMR, with some competent management, will actually utilize its people and its assets and its clout as the dominant carrier, to make some money for us poor stockholders.