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It seems pretty offical to me. Should be interesting. Now the big question is who would want to buy Eagle? hehe
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Whew, I am really glad I didn't go there now. Without AMR, I am not sure how well Eagle will fare.
Eagle is suffering from massive attrition at the FO level and major understaffing. No one wants to go there due to the non-existant upgrade. I feel that the severe understaffing has driven AMR to get rid of Eagle. Everything they have tried to do to get candidates has failed. So now they see Eagle as a financial liability and want to sell it. I have a feeling that you will start to see Captain attrition now. These guys that are staying there keeping the upgrade high will get scared and leave. Whoever buys Eagle might not be so understanding when they solve the upgrade problem and high Captian labor costs with furloughs. Lets hope Mesa doesnt get Eagle. I am sure J.O. would love to do something like that. Sure is sad to see it end this way. |
I thought I was pretty smart on this stuff, but I guess not.
The yahoo article said that Executive Airlines, Inc. runs the Miami/San Juan operations. So Executive Airlines flys the ATR's, not Eagle? Thanks |
You are right though, management sounds certain about their intentions more so in this article than the previous articles... which means it could happen closer to the near future than when they said it 5 years ago. Just like the AE flowthrough to AA, there is plenty of talk, but everyone pulling the trigger together is unlikely.
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Originally Posted by Apollo
(Post 270313)
I thought I was pretty smart on this stuff, but I guess not.
The yahoo article said that Executive Airlines, Inc. runs the Miami/San Juan operations. So Executive Airlines flys the ATR's, not Eagle? Thanks |
One more thing to add: Another possibility is whoever buys Eagle could end up liquidating it, just like Gordon Gecko.
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Originally Posted by texaspilot76
(Post 270326)
One more thing to add: Another possibility is whoever buys Eagle could end up liquidating it, just like Gordon Gecko.
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I think the opportunity for that is slim since Eagle has been very profitable in the past.
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Originally Posted by texaspilot76
(Post 270326)
One more thing to add: Another possibility is whoever buys Eagle could end up liquidating it, just like Gordon Gecko.
Why are you making up ridiculous unlikely possibilites when you dont work here? You even stated you are glad you dont work at Eagle. Stop bashing... there are people who are gullible enough to think your nonsense is realistic. |
Look at the history of Eagle and about 5 (or six) regional affiliates comprised "American Eagle" until the early 90's. I believe that Exec. was the only remaining regional affiliate that wasn't brought into the AMR fold.
This announcement seems to imply that AMR is seeking the arrangement they had prior to the early 90's Eagle merger (sorry I was never there so the details are fuzzy). The airlines were: Simmons, Wings West, Corporate, Executive, and one or two others I don't remember. What I do recall was whipsawing of pilot groups was the norm. Now with a common fragmentation policy in effect there is the chance to minimize that effect.
Originally Posted by Apollo
(Post 270313)
I thought I was pretty smart on this stuff, but I guess not.
The yahoo article said that Executive Airlines, Inc. runs the Miami/San Juan operations. So Executive Airlines flys the ATR's, not Eagle? Thanks |
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