AMR Selling EAGLE
#1
Gets Weekends Off
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Joined APC: Nov 2006
Posts: 393
AMR Selling EAGLE
So,
Will the scope clause hold up? As a businessman it seems like a good thing for AMR, as a pilot, I'm not sure?? I think our scope will still protect any Regional Junk (RJ) feeder whether its Eagle or not.?
Will the scope clause hold up? As a businessman it seems like a good thing for AMR, as a pilot, I'm not sure?? I think our scope will still protect any Regional Junk (RJ) feeder whether its Eagle or not.?
#2
For those who don't understand the reference:
That's RAH, PNC,XJT,AirWhiskey,TSH, Sky West, Mesa, and even Eagle.
Last edited by flaps 9; 11-28-2007 at 12:29 PM.
#5
In the case of a merger or acquisition there is typically a seller and buyer. In the AMR announcement all I hear is that they are ready to divest Eagle.
Any speculation about who would want to buy? Hedge funds, other airlines?
This seems far from a done deal although I'm sure they wouldn't announce anything unless they had a plan (oh wait, we're talking about airlines )
Any speculation about who would want to buy? Hedge funds, other airlines?
This seems far from a done deal although I'm sure they wouldn't announce anything unless they had a plan (oh wait, we're talking about airlines )
#7
Gets Weekends Off
Joined APC: Apr 2006
Position: 737 CA
Posts: 2,750
In the case of a merger or acquisition there is typically a seller and buyer. In the AMR announcement all I hear is that they are ready to divest Eagle.
Any speculation about who would want to buy? Hedge funds, other airlines?
This seems far from a done deal although I'm sure they wouldn't announce anything unless they had a plan (oh wait, we're talking about airlines )
Any speculation about who would want to buy? Hedge funds, other airlines?
This seems far from a done deal although I'm sure they wouldn't announce anything unless they had a plan (oh wait, we're talking about airlines )
They could simply spin it off in the open market like NWA did with Pinnacle.
#9
Gets Weekends Off
Joined APC: Jan 2006
Position: 737/FO
Posts: 423
In a press release, AA parent AMR says: "The divestiture of American Eagle is intended to provide it with the structure, incentives and opportunities to win new business and provide new opportunities for American Eagle's employees. AMR also believes that the divestiture will enable American to focus on its mainline business, while ensuring American's continued access to cost-competitive regional feed. Once the two airlines are separated, it is expected that they will operate pursuant to a mutually beneficial air services agreement under which American Eagle will continue to provide American with regional flying of a scope and quality comparable to that provided prior to the separation and on terms that reflect today's market for those services."
#10
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