New Eaglewire is out....

A few clips from it-

"So it is absolutely imperative that Eagle reduce its costs in order to compete aggressively and retain as much of American's regional business as possible."

"we have determined that Eagle must achieve $75 million in annual employee labor cost savings in order to ensure we are truly competitive and able to secure our financial future. "

"If we miss this opportunity to demonstrate that Eagle has fully competitive costs, it would provide American and AMR another reason to select other regional carriers to assume this responsibility and provide the feed we might otherwise provide. "

Pretty much what people have been saying. I love this industry....