Originally Posted by
mrmak2
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
A functioning airline is more than the sum of it's assets. As much as we think we are just cogs, and we are to an extent, the talent, the certificate, and the people in place are worth a lot. That 20 or 30 million they say we are overpriced will evaporate with continued flow through and really it isn't that relevant in a multi billion dollar operation where management bonuses dwarf that amount. Don't play into their fear game.
The Board of Directors and share holders on the other hand are not to be trifled with, and AA/APA has much more to lose in their relative position because they are the real target in the cost cutting scheme.