AMR stock is bouncing around and there are a lot of call options out there. The initial (denied) rumour was that EK was buying them. EK has no alliance partnership so this could fill a huge hole.
Now there are many other scenarios. BA is back in the frame fresh with Spanish Money and of course Sabre's Good Friend TPG is out there.
However AMR needs restructuring. It has a lot of junk in its financial house that needs to be cleaned up.
Whoever takes them on will need to clean out the stables. But the fundementals of the business are pretty good.
Right time - Right Place?
Cheers
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