Originally Posted by
Phrog Phlyer
We've always had the option for 50 CRJs, but they only exercised the option on 25. Over the years, management allowed 3 of the options to lapse, as noted in an arbitration, so the total allowed is 47.
The first 25 were orders right off the bat with the remaining 25 as options. An arbitrator ruled that AMR could exercise 22 of the remaining 25. Financing takes time and just a month ago or so Eagle management confirmed that the 22 options were being delayed to see what changes would occur with AA scope.
Nothing has or could have been expected to happen with regard to AA scope in the short period of time since that statement, so that should tell you something.