Originally Posted by Skypilot
Hey, you shuld know. Your the guys saying Eagle's a money loser, right? Cant be worth much to AMR if thats true.
Talk about not being able to read financial documents!
Eagle does not lose revenue. However, Eagle's revenues are less than their expenses.
For the nine months ended September 30, 2005, Eagle had revenue of $1,582,000,000 and expenses of $1,860,000,000. You do the math.
Not only did Eagle lose money, their YOY loss as compared to the first nine months of 2004 increased 114%, from $130 million in 2004 to $278 million in 2005.
Source:
http://www.aa.com/content/amrcorp/pr...ncialsp2.jhtml