well put Robvo, easy to understand, monday the 25th is next big news day. i would still keep one eye on LLC, in the meantime

i decided long ago, from what i read, DD, that this stock would almost certainly hit the 27-37 PPS in a year, between that doubling todays price and the tax savings. i decided to stay with it, end of story, holding strong has made me this much, soon this will not be a penny stock and the fear that come with those will be gone

at worst, a buying opportunity, at best no impact
i added 2K shares

did someone hit the wrong key? put in an order for 12.85ish instead of 11.85? by mistake, thats a spike too bad it didn't stay there

i don't really see why anyone would hold this long and sell, now, this risk appears to be the lowest its been in a long time, IMO, its not IF we get paid but just how much and when do we divi it up? i should have such problems, :) i am ready for the dust to settle, lets slice the pie and serve it up

dang, missed the dip, i was hoping to buy another 2400 shares at 11.50, (guess i was greedy) but am extremely optimistic, and staying long, and ready for any nervous dips, GL all and thanks for great info and support. will be paying off house after i talk to my tax guy

is this formula, correct?
basically.
AAMRQ conversion price
The following is how much AAMRQ is worth in relation to LCC price:
LCC $23 x 1.582 - $22.56 = $13.83

LCC $25 x 1.582 - $22.56 = $15.41

LCC $27 x 1.582 - $22.56 = $20.15

LCC $30 x 1.582 - $22.56 = $24.90

LCC $35 x 1.582 - $22.56 = $32.81

just added 10% at 9.50, and next add is 40% more if it dips to 9.09. but thats just my own preset risk/rewards #'s GL all, lets hope for some good news this week
i am seeing nothing but good numbers being released for airlines, fuel down, sales up, glad i got on this band wagon, (unfortunately not at under a dollar) but i am happy getting in at 2.20

NOT VERIFIED, that being said, found this, it is an industry analysis of what a settlement would look like, ITO (fingers crossed)
Slots

Sell the 8 Washington Reagan slot pairs that JetBlue currently leases from American to JetBlue at a price approved by the DOJ
Divest an additional 37 slot pairs at Washington Reagan to the federal government for the DOT and/or DOJ to redistribute as they see fit.
Divest 10 slot pairs at New York LaGuardia to the federal government for the DOT and/or DOJ to redistribute as they see fit
Sell to Virgin America the 15 slots (7.5 slot pairs) that Virgin America currently leases from American at a price approved by the DOJ
Gates

The following gates would be available for use by competing airlines under a common-use scheme. The merged carrier would be allowed to continue using these gates when not requested by other airlines.

Relinquish access to American’s gates on Terminal B’s Pier 2 at Washington Reagan along with the slot divestiture
Relinquish access to US Airways’ five gates at Terminal 2 of Chicago O’Hare and make available five gates at Terminal 3, Concourse G
Relinquish access to Terminal A-East at Philadelphia
Give up American’s gates at Concourse A at Charlotte, and make available 5 gates on Concourse B
Relinquish access to gates at Terminal 3 at Los Angeles, and give up the rights to 2 of the 4 new gates granted to American at the new Tom Bradley International Terminal
International Route Authorities and Slots

At London Heathrow, make available two peak-hour slot pairs to new entrants. If no airline decides to purchase the slot pairs within 3 years, the merged carrier would be allowed to keep the slot pairs without penalty and would continue operating to London Heathrow with the authority and slot pair during the sale period.
The merged carrier would be required to sell a Brazil route authority to serve Sao Paulo, along with a red-eye Sao Paulo slot pair to any carrier that desires it at a price approved by the DOJ. If no airline decides to purchase the slot pair within three years, the merged carrier would be allowed to keep the slot pair and route authority without penalty and would continue operating to Sao Paulo with the authority and slot pair during the sale period.
Domestic Route Guarantees

Require the merged carrier to commit to continue operating the following routes non-stop for a duration of at least 5 years from the date of the closing of the merger unless the market gains new non-stop service from a competing carrier and/or the merged carrier fails to record a net profit for six straight quarters.
Phoenix-Honolulu, Kona, Lihue, and Kahului (nearly 15% of the markets involve these four destinations)
St. Thomas-Charlotte, Philadelphia, Miami, and New York John F. Kennedy
St. Croix-Charlotte

just keeping the info out there
http://dailycaller.com/2013/11/08/top-3-reasons-the-doj-should-get-out-of-the-way-of-us-airways-and-american-airlines-merger/

governors race may effect outcome http://blogs.star-telegram.com/sky_talk/2013/11/how-the-virginia-governors-race-outcome-may-affect-the-american-us-airways-merger.html

reposting previous post, if anyone has better numbers thru formula, would love to see, i think i saw some better numbers before, but i can't find

Conversion table:
LCC AAMRQ
$ 22.00 $ 12.24
$ 23.00 $ 13.83
$ 24.00 $ 15.41
$ 25.00 $ 16.99
$ 26.00 $ 18.57

It's not much but did reload a few hundred shares at 9.00 yeaaaaa, more when the money becomes avbl
Thank you dip

i will gladly take my 15.41, and cash half after merger, and hold the rest long term to 24.00

dare we dream of LLC of 26.00?

i would think they would announce after hours while price was "set" or stop trading on stock till new stock awarded. anyone wanna post the conversion chart for LLC price of 22/23/24/25/26 dollars per share?

more people getting on right side of history

http://aviationblog.dallasnews.com/2013/11/florida-ag-pam-bondi-meets-with-american-airlines-ceo-tom-horton-says-theyre-hopeful-for-a-timely-resolution.html/?nclick_check=1

FT WORTH, TX (November 1, 2013) – As lawyers for American Airlines and US Airways prepare for the antitrust trial set to begin on November 25, the Association of Professional Flight Attendants is welcoming and encouraging an outpouring of support for the carriers’ proposed merger. In recent days, Oneworld Alliance, numerous chambers of commerce, airport authorities of many of the two airlines’ hubs, Attorney General Pruitt of Oklahoma, and the unsecured creditors’ committee of the AMR bankruptcy have asked permission to file “friend of the court” (amicus) briefs in support of the airlines’ case. Additionally, the mayors of six hub cities have voiced their support of the merger in a letter to the Justice Department.

“I’m not surprised by all the people and the entities we’ve heard from recently,” said APFA President Laura Glading. “Getting behind this merger is a no-brainer. Everyone is on board because everyone – consumers, employees, communities – stands to benefit. The Justice Department is the only place where you find skeptics.”

Unions were among the first groups to support the merger both in public and court. APFA, along with Allied Pilots Association, Association of Flight Attendants-CWA, Communications Workers of America, and Transport Workers Union will file a “friend of the court” brief.

The airport authorities supporting the merger include: CLT, DFW, PHL, and PHX.

A letter of support was signed by the mayors of Charlotte, Chicago, Dallas, Philadelphia, Phoenix, and Miami.

Finally, 68 Democratic members of Congress, led by Reps. Marc Veasey of Texas and Ed Pastor of Arizona, signed a letter in support of the merger to President Obama.

been here since 2.20's, loved it, had to look away a few times, and resist temptation a few times, thank you to Detearing, for helping me stay strong. been trying to add since 5.50's (chasing the dragon up for a change) can't catch the dips (so few) wish i had just paid market price now. good luck to all, i could use a few more like this one

no bomb scare, situation under control, does not appear to be in the secure area
A TSA worker has reportedly been shot at Los Angeles International Airport.
(Reuters) - The Los Angeles International Airport said on Friday that police were responding to an incident at the airport and California media reported that a gunman with a high powered rifle was shot by law enforcement.

The airport said on social media that there was "an incident underway at LAX." A local CBS affiliate reported that a gunman had been shot and secured by law enforcement, and that some passengers were being evacuated from a terminal.

AMR, US Airways, and the Government Go to Counseling

http://www.fool.com/investing/general/2013/10/29/amr-us-airways-and-the-government-go-to-counseling.aspx

interesting both AAMRQ and LLC both had identical spikes at (approx) 330pm. and what a spike, thats an almost straight up, bounce. fun to watch. didn't get close to my buy. but i am ready to reload, just in case.

The Wall Street Journal/October 30, 2013-
American Airlines parent AMR Corp. and US Airways Group Inc. are preparing a settlement proposal to the U.S. Justice Department that would include offers to give up slots at Reagan National Airport, according to two people familiar with the process.
The Justice Department sued in August to block the airlines' proposed merger, and the antitrust case is set to go to trial on Nov. 25, a high-profile court contest that holds big risks for both sides. The two airlines and the Justice Department recently agreed to consult a court-appointed mediator to negotiate toward a settlement. The parties also have said they remain open to resolving the case outside of court.

One of the people cautioned that the two airlines still are expecting to go to trial. Richard Parker, of O'Melveny & Myers LLP, which is representing US Airways, also said Wednesday the airlines were ready for trial and anxious to make their case.
AMR Chief Executive Tom Horton, at a conference in New York Tuesday, reiterated his company's belief that a settlement is better for both sides and that it is the airlines' responsibility to make a strong settlement proposal.
The airlines are hoping to offer a package of divestments to the regulators, focused largely on relinquishing some slots at Reagan National Airport. Industry analysts have discussed the possible concession of Reagan slots since the two carriers announced their merger plans in February. If they combined, the airlines would control two-thirds of the flights from the slot-controlled airport just outside of Washington, D.C.
The possible proposal could also include other concessions, said the other person, but much remains to be negotiated and any proposals could be rejected.
Still, the airlines may struggle to resolve the Justice Department's concerns simply with divestments. The government's antitrust suit makes sweeping, fundamental arguments against the merger, including how it could harm competition, reduce air service and increase fares.
The suit also specifically mentions that the merger would leave too many slots at Reagan with the combined carrier, but it also lists more than 1,000 routes where regulators believe the merger would significantly harm competition.
The Justice Department's antitrust chief, Bill Baer, previously said the government was willing to listen to settlement proposals, but insisted the department believes the "right solution" was a court injunction to block the deal. A department spokeswoman declined to comment Wednesday.
If combined, American and US Airways would be the largest carrier in the world by traffic, vaulting ahead of current No. 1, United Continental Holdings Inc., and No. 2, Delta Air Lines Inc.
American and US Airways contend a merger between them would serve as a counterbalance to United and Delta, which have expanded through recent combinations, as well as offering passengers more choice and a bigger route network.

American Airlines Chief Executive Officer Tom Horton said “there’s a way” to reach a settlement with U.S. antitrust regulators seeking to block the merger of the AMR Corp. (AAMRQ) unit with US Airways Group Inc.
“If there’s a reasonable settlement, I think it’s better for both sides” than going to trial, he said following a panel discussion at a conference in New York today. The suit is set for a Nov. 25 trial.
Investors have been watching the airlines for any sign of an agreement, and AMR rallied 7 percent today, a day after the carriers and the U.S. Justice Department disclosed that they agreed on a mediator suggested by the court. US Airways and bankrupt AMR slumped in August when the agency sued to block the deal, saying a tie-up would damp competition and boost fares.
“It’s incumbent on us to make a very strong case and be ready to help bring about a sensible settlement,” Horton said, without elaborating on what an accord might entail. “I think there’s a way to do that.”
A combination between Fort Worth, Texas-based American and US Airways would create the world’s largest airline. The all-stock merger is now valued at $16.6 billion, based on US Airways’ share price and its stake in the new American, which is counting on the deal as its exit strategy from bankruptcy.
Stocks Rise
AMR’s gain to $7 in over-the-counter trading pushed the shares to their highest price since Feb. 22, 2011, nine months before the company filed for Chapter 11 protection. Tempe, Arizona-based US Airways rose 1.6 percent to $22.37 at the close, extending its year-to-date advance to 66 percent.
US Airways declined to comment on Horton’s remarks, said Michelle Mohr, a spokeswoman. Gina Talamona, a Justice Department spokeswoman, didn’t immediately respond to an e-mail seeking comment.
In an appearance on Oct. 16 at Dallas-Fort Worth International Airport, Horton declined to comment on the prospects for an agreement, saying that American and US Airways were open to a “sensible, common-sense” settlement.

Today, Horton cited the airlines’ Oct. 1 settlement with the state of Texas, which had joined the federal suit, as a reason for optimism in the U.S. case.
“I think there’s a way to get there,” Horton said at the Buttonwood Gathering 2013 conference in New York City, without elaborating. “We’re hopeful.”
The Texas agreement shows settlements also can happen with more of the six other states that joined the antitrust challenge, along with the District of Columbia, Horton said. That accord requires the merged airline to maintain a hub at D-FW Airport, keep its headquarters in the Dallas area and retain service to a specific number of Texas cities.
Horton declined to comment on having a mediator in the case, identify the person or say whether any talks had begun.
http://www.bloomberg.com/news/2013-10-29/amr-ceo-sees-way-to-settle-suit-over-us-airways-merger.html

Gimme Credit high-yield bond analyst Vicki Bryan sees significance in Monday’s disclosure that the U.S. Department of Justice and the two airlines it is suing, American Airlines and US Airways, have picked a mediator.

Wrote Bryan in a Tuesday research note:

We think this could pave the way for the negotiated settlement we have projected since August when Justice first announced it would not approve the merger.

We have doubted ever since then that the case would even go to trial given our view that Justice will be unable to convince a judge the merger is anti-competitive, especially given that AMR and US Airways offer far less competitive overlap versus all three previous mergers approved by Justice: Delta/Northwest, United/Continental, and Southwest/AirTran.

Bryan wrote that she expects the airlines to negotiate a settlement with DOJ that would allow the merger to close by late 2013 or early 2014.

DOJ, six states and the District of Columbia filed a lawsuit Aug. 13 to block the merger on antitrust grounds. Since then, Michigan joined the DOJ in the lawsuit, while Texas has pulled out after negotiating a Texas-centric settlement.


http://aviationblog.dallasnews.com/2013/10/one-analyst-thinks-the-introduction-of-mediator-could-pave-way-for-settlement-in-american-airlines-us-airways-lawsuit.html/

Mediation Path to SETTLEMENT
Mediation could provide a pathway for the Justice Department to back away from a scheduled court battle against the planned merger between US Airways (LCC_) and American (AAMRQ), a veteran antitrust attorney said.

"If the government is looking for a way out of this political pickle, the mediation would be a convenient cover under which it could claim victory," said John Briggs, co-chair of Axinn Veltrop & Harkrider's Antitrust Group and managing partner of the firm's Washington office, in an interview. Briggs will observe his 40th anniversary as an antitrust attorney this week.

Briggs and antitrust attorney Ankur Kapoor of Constantine Cannon agreed that going to mediation, in itself, is not meaningful. The airlines and the Justice Department revealed in a court filing on Monday that they had agreed to go to a mediator at the behest of U.S. District Judge Colleen Kollar-Kotelly, who is scheduled to hear the case starting Nov. 25.

"Usually in any complex civil case at some point the court will encourage if not order that the parties mediate," Kapoor said. "When the court encourages the parties to do something, they do it. There is nothing in and of itself unusual in that."

But Briggs noted that the amount of political pressure brought to bear in the case -- from unions, mayors, airports, chambers of commerce and members of Congress -- is unprecedented.

"I've never seen a deal with so much (public) pressure put on the administration," Briggs said. "In most deals (contested by the Justice Department), people try to put pressure on the administration, but not on television and on the front page of the newspaper.

US AIR LLC after hours, speaks for itself. (lets hope)


DJIAS&P 500NASDAQSMA(50)View Advanced Chart
huge after hours spike approx 23.00

well LLC is UP in premarket, lets hope for same on AAMRQ side

The CEO of Southwest Airlines is "reasonably confident" that American and US Airways will eventually merge. And he says his airline is ready to pounce if the merged carrier is forced to sell takeoff and landing rights in Washington, D.C., and New York City to get regulators' blessing for their megamerger.


http://www.usatoday.com/story/todayinthesky/2013/10/26/southwest-ceo-eyes-merged-americans-slots-in-dc-ny/3244197/

clearing out the shorts, for BIG news this weekend?


They Are in DC
Multiple source on twitter, who cover the airlines for a living, have confirmed today that Parker and Horton ARE in DC. No one knows for sure what they are doing.

Just strange tat they BOTH canceled attending a Charity Plane Pull event at DFW yesterday afternoon.

Bottom Line: If any settlement talks are leaked or announced over the weekend, it will be massacre of the shorts Monday.

http://www.huffingtonpost.com/2013/10/25/japan-earthquake-fukushima-prefecture_n_4164181.html

Bad news, but doubt this was cause for drop

OK, THAT WAS NOT FUNNY! i don't know what happened, but OMG, that was a hateful roller coaster drop

couldn't get my money into my acct fast enough, aaarrgghhh would have loved to load up at 5.25

i am buying in some more at 6.75, don't know about this dip, ready for a bounce

Seems like we should see another jump here pretty soon as LCC is continuing to rise in a significant way and I expect it will bring AAMRQ along with it.

and the volume....wow...must be a lot of folks looking at that 13.00 merger price
we are gonna have to repost and recalculate the merger prices, the old charts don't go that high. now if it will just maintain (or keep climbing)

http://www.dallasnews.com/opinion/editorials/20131023-editorial-time-for-settlement-talks-on-american-us-airways-merger.ece

need a good write off, hahaha