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
You are assuming that AMR can just take the airplanes and lease them out to somebody else to fly existing Eagle/AMR routes. That is a bad assumption based upon prior arbitrations. Kinda shoots your whole theory to crud doesn't it....
again, this spin-off is less about Eagle, and more about AA scope. It's a means to an end. If they can convince your MEC along the way for more concessions, great... but it isn't the main objective