Originally Posted by ryanp

just read the 18 page document. It will be a glorious day if the judge throws out the republic agreement. Probably not likely, but possible.

The main arguments are that the financial information of the pro's and con's of this deal were not ever even disclosed to the affected parties, including the debtors. The debtors were not adequately informed that there was any rational process for contracting with republic, or about if there was any consideration of the interests of the eagle estate when flying was given to an eagle competitor.

Also, the fact that they made eagle take concessions for millions so we could become competitive and market rate, then they disregarded that, continued to shrink us with no plan for replacements and gave flying away anyway. There is quoted contradictory statements in the document that say for us to contract feed with aa we must address our labor costs and be able to provide services at market rate, we did that with new contracts throughout the company.

There is questions to the decision making, or lack of, and if there was even any consideration of eagle's future at all. Which could be a problem for the debtors obviously if eagle is made worthless. There is serious questions on how this could harm the value of eagle, harm our ability to hire, which could cause further shrinkage and increase our relative labor costs with a more senior group of employee's. Also it will harm the flow of pilots to aa due to staffing shortages, further increasing eagles costs. There is evidence that this decision was made against the best interests of everyone involved here.

There is also questions of this decision with the pending us/aa merger..

There is questions of republic even being able to satisfactorily fulfill the agreement.

Remember this is all happening inside a bankruptcy case and there has to be good reason for all these decisions and the debtors need to be protected.

Aepa and twu also filed..