Originally Posted by
The Chow
What would Eagle really be worth if AMR gets to retain the assets (airplanes) to the shareholders?
BINGO! the share split is way more like 1:100 than 1:6. Eagle is nothing more than an over-priced staffing company without the airplanes and CPA. The shareholders are going to make out like kings by the end of this thing.
There is no feed for Eagle to bid on outside AA, and even if there was Eagle is totally uncompetitive (by union admission).
Eagle will eventually evaporate into nothing as all flying is bid out to the low bidders, and the shareholders lose nothing because Eagle is worthless without a CPA or equipment, and AA benefits by whipsawing regionial feed for the forseeable future, just like the olden days