''Opportunity'' and ''eligible'' were terms used in Letter 3/Supp W. The rights of pilots who held AA seniority numbers were never disputed by AA mgmt, hence they're flowing. There's no mention of AA mgmt disputing or objecting to the future rights of those Eagle pilots who'd comprise 35% of future AA newhire classes (i.e. the 'protected' AE pilots), even under bankruptcy. It was never mentioned under any 'term sheet.'

One thing I agree staunchly on...........that whole thing is indeed hardly worth the paper it is written on. It would take a damn long time for a pilot hired in 2011 to transfer to AA under that agreement. Any such pilot would likely have 3,000+ pilots hired off the street ahead of him/her between now and then. That ain't so hot.