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Old 11-29-2011 | 07:44 AM
  #136  
zoooropa
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Originally Posted by ridered
How many A/C does Republic holdings operate for AMR?
14 140's but they were already scheduled for cancellation in 2012.

Much more important to watch is how eagle is treated during the AMR restructuring. AMR is carrying over $2 billion dollars of Eagle RJ lease debt.

Plan A was to protect shareholders and spin Eagle off.

Plan B, the Ch. 11 filing, has destroyed shareholder equity. Now all they want to do is shed 50 seat RJ debt and they are no longer responsible to the shareholders.

Crystal ball....

Chautauqua is cleaved off of RAH.

Republic certificate is terminated as 190's go away (to F9 or someone else)

Shuttle cert and aircraft go to AMR.

RAH divests FFD instead of brand and IPO's Frontier.
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