Good evening earthlings! It’s that time again.

This week’s issue of PlaneBusiness Banter is now posted!

It got a little busy earlier this evening after Reuters went public with the contents of a letter that one of the more well-known groups of AMR bondholders sent to the President of the Allied Pilots Association earlier this month.

As we talk about in this week’s issue, if this group wants the AMR board replaced and management gone, I don’t think Tom Horton and company have much of a leg to stand on.

Nothing surprising here.

I also assume that APA sent out the letter to its membership in an effort to persuade them that an “affirmative” vote is the way to go.

In other news, we talk at length this week about the BTN 2012 Airline Survey. Corporate travel managers and agencies participate in this survey, which measures an airline in ten different categories. Short and sweet? Delta Air Lines blew away the rest of the group.

PBB subscribers should not be surprised — given the feedback we’ve provided over the last several months from our various corporate travel group presentations.

We tell you how everyone else fared and why a US Airways/American merger should not scare the hell out of the corporate travel community in DFW — even though it does!

It was a fantastic week on Wall Street this week for the Things with Wings. Shares of Republic and US Airways led the group.

We also tell you what we’ve heard Delta Air Lines has told management at Pinnacle Airlines. Hint: It has to do with the Pinnacle pilot contract.

The AMR Bankruptcy Follies returns this week — we’re talking loose seats, the airline’s failed attempt to stop the passenger service union representational election, and we have Scene Five from a One Act Play.

All this and much, much, more in this week’s edition of PlaneBusiness Banter.