View Single Post
Old 10-22-2008 | 11:32 AM
  #31  
Mason32
Gets Weekends Off
 
Joined: Jun 2008
Posts: 2,168
Likes: 0
From: Reclined
Default

Originally Posted by rickair7777
Most majors will probably not bother to own regionals...AA would STILL like to get rid of AE.

But not for the reason you seem to think. The fact is that Eagle turns a profit, even with the outrageous fees AMR/AA takes from them.

Selling Eagle, just like they sold SABRE many years ago, and the recent sales of the Beacon Investments is all about divesting AMR of everything that DOES make money except for AA itself. Then AMR will be in the position to force a contract down the union's throats on their own terms, or simply bankrupt the company.... and since everything else was "divested" the courts can't use assets, and profits, from one to cover losses at AA.
Reply