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Quote:

Originally Posted by eaglefly (Post 486674)

Agreed.

Hopefully, we'll have the opportunity soon to bid on some of CHQ's (or others) current flying with larger aircraft. We as pilots shouldn't take CHQ's AA flying as personal and they shouldn't be angry with us if we get some of theirs.

I could be wrong but I don't believe there will be any bidding. Our contract was with TWA which had to be upheld. Once the contract is over, with no more TWA, AMR should be assigning flying to AE.

Quote:

Originally Posted by ToiletDuck (Post 486672)

Everything you've stated is wrong. The arbitration is that additional flying may not be given out. The original CHQ/TWA flying stays that way until contract expiration.

Go read the arbitration instead of just repeating what you've been told by others.

Quote:

Originally Posted by ToiletDuck (Post 486672)

If your mother ran up debt then died yes your father would be liable for those debts. It's the number one reason people so much life insurance.

That scenario depends greatly upon what state you are in, and their respective probate laws. Poor example.

Quote:

Originally Posted by ToiletDuck (Post 486672)

If what you proposed was capable than any company in trouble would sell itself to another company just to lose the debt.

You mean kinda like CAL did with Expressjet.... very good, you might be learning now.

go visit www talkairline . com and download a copy of the Eagle pilot contract... (you can probably get it other places, but it's the only site I know that has it and doesn't charge fees). Read the scope sections. Then go to the ALPA website and pull up the 2002 decision between AMR, AA, AE, TSA & ALPA. You might learn somethign new about how AMR's flying is subcontracted. Does CHQ have a contract? Sure they do... so did Freedom with Delta. (they may have it back now). In spite of what you may have been told by people, things are not what you have been lead to believe. The aribitor very clearly ruled that with the scope sections, the only way for outside companies to fly AMR commuter routes was if Eagle was incapable of staffing/running them.... so long as they do not transfer any flying outside the door is not open to refile. If they screw up, and it gets before an arbitor, they will base their ruling off the previous ruling. A contract with AMR for flying can not violate a contract with their own employees. There will be two contradicing contracts. Please go visit www.WestLaw.com and do some simple labor copntract review of conflicting contracts, one with employees, and one with subcontractors.

Good luck.

Quote:

Originally Posted by Mason32 (Post 485046)

AMR is sitting on over 6B in cash.... more than anybody else can say at this point in the industry's history.

Over 6 Bil in cash? I find that very hard to believe. Please back that up with some proof. Also, how much of that is unrestricted cash?

Quote:

Originally Posted by johnso29 (Post 487127)

Over 6 Bil in cash? I find that very hard to believe. Please back that up with some proof. Also, how much of that is unrestricted cash?

Whoops, you're right. I was off slightly... From Q3 Earnings 10/2008

Quote:

AMR ended the third quarter of 2008 with $5.1 billion in cash and short-term investments, including a restricted balance of $456 million. At the end of the third quarter of 2007 AMR had $5.8 billion in cash and short-term investments, including a restricted balance of $447 million.

here's the link....

American Airlines | Investor | Quarterly Earnings

The correct number should have been 5.1 Billion. For it to be included in this column on their report it has to be either cash itself, or something equally liquid. Hope that helps.