When will Eagle get a bigger airplane...
#21
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I had the exact same conclusion when I read his #1 post. But after thinking about it, what he/she is asking is if Eagle will get additional CRJ-700s.
Apparently we have been given the "release" (so to speak) to purchase another 25 CRJ-700's. Or is it worded as we have got the permission to get 25 aircraft which seat more than 50 seats? I would be interested in knowing how its worded. Cus if it is worded like that it could open up doors for aircraft over 70 seats.
I think there is absolutely more to the story than we we hear or know. I think there is always something in the mix. Eagle just sold all ATR's to a European financial firm, the ATRs were pure liquid assets as there are owned, so now we sold them and leasing them back. AMR has now $203million additional in cash. Not a ton of money for an airline but I am curious if something is in the works, like cash to start picking up new aircraft. It's entirely possible for AA to use that money for down payments on the 787's they intend to purchase? Or could just be a buffer in their bank. Who knows!
I dont see Eagle getting any new or additional aircraft. We just parked our Saabs and several EMB's. We're not seeing any indications of expansion.
In fact, posted 12/03/2008 "American Airlines and its feeder carrier American Eagle plan to cut capacity 6 percent next year, with an 8.5 reduction in U.S. flying by American itself, said Beverly Goulet, treasurer of parent AMR Corp."
I wrote more than i wanted....sorry. This is what happens when you work for Eagle and sit Reserve Availability everyday and not touch a plane
You end up on APC.
Apparently we have been given the "release" (so to speak) to purchase another 25 CRJ-700's. Or is it worded as we have got the permission to get 25 aircraft which seat more than 50 seats? I would be interested in knowing how its worded. Cus if it is worded like that it could open up doors for aircraft over 70 seats.
I think there is absolutely more to the story than we we hear or know. I think there is always something in the mix. Eagle just sold all ATR's to a European financial firm, the ATRs were pure liquid assets as there are owned, so now we sold them and leasing them back. AMR has now $203million additional in cash. Not a ton of money for an airline but I am curious if something is in the works, like cash to start picking up new aircraft. It's entirely possible for AA to use that money for down payments on the 787's they intend to purchase? Or could just be a buffer in their bank. Who knows!
I dont see Eagle getting any new or additional aircraft. We just parked our Saabs and several EMB's. We're not seeing any indications of expansion.
In fact, posted 12/03/2008 "American Airlines and its feeder carrier American Eagle plan to cut capacity 6 percent next year, with an 8.5 reduction in U.S. flying by American itself, said Beverly Goulet, treasurer of parent AMR Corp."
I wrote more than i wanted....sorry. This is what happens when you work for Eagle and sit Reserve Availability everyday and not touch a plane
You end up on APC.
Last edited by bgmann; 12-04-2008 at 05:04 PM.
#22
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#23
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[QUOTE=2Co2Fur1EXwife;511855]
Thought I would try to get you some answers flyboy275...
"FORT WORTH, Texas – American Eagle reported a November load factor of 67.3 percent – down 4.8 points compared to the same period last year. Traffic decreased 21.5 percent year over year as capacity decreased 15.9 percent.
As AMR reported a slim profit for the third quarter of 2008, Eagle is focused on becoming "Top Tier" in the regional industry. AMR Corporation reported a third quarter net profit of $45 million, including several special items, such as the sale of American Beacon Advisors. Without these special items, the company lost $360 million. This compares to a net profit of $175 million for the same period last year.
A unit of American Airlines parent AMR Corp. will sell and lease back 39 planes in a transaction worth some $200 million to AMR, the companies said on Tuesday."
"American Eagle boarded 1.4 million passengers in November, down 20.4%.
American - $6,421,000,000 operating revenue and corporate Pre-tax loss of
$360,000,000"
LOOKS TO ME LIKE A COMPANY WHOSE DESPERATE FOR MONEY. I THINK AMR HAS SOME EXCELLENT FINANCIAL ANALYSTS FOR THEIR INDUSTRY, PLUS AMR HAS NEVER BEEN BANKRUPTED, CORRECT? AMR CANT MAKE MONEY IN THEIR BUSINESS "PASSENGER TRAVEL" SO THEY HAVE TO SELL ASSETS.
are you an employee flyboy275? we are losing money. Is any business, including outside of airline industry making "steady quarterly profits"?
"FORT WORTH, Texas – American Eagle reported a November load factor of 67.3 percent – down 4.8 points compared to the same period last year. Traffic decreased 21.5 percent year over year as capacity decreased 15.9 percent.
As AMR reported a slim profit for the third quarter of 2008, Eagle is focused on becoming "Top Tier" in the regional industry. AMR Corporation reported a third quarter net profit of $45 million, including several special items, such as the sale of American Beacon Advisors. Without these special items, the company lost $360 million. This compares to a net profit of $175 million for the same period last year.
A unit of American Airlines parent AMR Corp. will sell and lease back 39 planes in a transaction worth some $200 million to AMR, the companies said on Tuesday."
"American Eagle boarded 1.4 million passengers in November, down 20.4%.
American - $6,421,000,000 operating revenue and corporate Pre-tax loss of
$360,000,000"
LOOKS TO ME LIKE A COMPANY WHOSE DESPERATE FOR MONEY. I THINK AMR HAS SOME EXCELLENT FINANCIAL ANALYSTS FOR THEIR INDUSTRY, PLUS AMR HAS NEVER BEEN BANKRUPTED, CORRECT? AMR CANT MAKE MONEY IN THEIR BUSINESS "PASSENGER TRAVEL" SO THEY HAVE TO SELL ASSETS.
are you an employee flyboy275? we are losing money. Is any business, including outside of airline industry making "steady quarterly profits"?
Last edited by bgmann; 12-04-2008 at 05:15 PM.
#24
Gets Weekends Off
Joined: Jun 2008
Posts: 2,168
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From: Reclined
parking 10 135's is NOT most of the smaller ERJ's... it is slightly less than than one third... and since the 10 ERJ 145's that were leased to TSA are comming back, there is no net loss of jet aircraft. Well, actually, TSA cracked one up.... so only nine will come back.... net loss one plane.
#26
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Joined: Jun 2008
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From: Reclined
However, that being said, and a precedent being there doesn't mean they won't take a page from the Midwest/Republic play book and do it anyway... and fight it in court/arbitration for a few years before being told they can't do it.
#27
Gets Weekends Off
Joined: Jun 2008
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From: Reclined
It's old news....
the way I heard it the airframe was bent, and the insurance company was going to call it a total.... was probably insured for less than it should have been, so the insurance companies will pay out on them, then part them out... not sure of the final disposition, but last I heard that plane wasn't coming back... so, I'd be willing to bet it was way underinsured (hull wise) and the ins co is going to make out on the deal.
Originally Posted by shfo
They might only be getting 9 of those planes back.......
NTSB IdentificationDFW08CA215
Scheduled 14 CFR Part 121 Air Carrier operation of TRANS STATE AIRLINES (D.B.A. American Connection)
Aircraft EMBRAER EMB-145LR (N814HK)
Injuries 36 Uninjured.
Accident occurred Thursday, August 14, 2008 in St. Louis, MO
While en route to the destination airport, the first officer (FO) warns that his flaps 45 degrees landings are “a little extreme.” The FO continues by stating that the landings are “a little non-standard, but it’s way more fun.” The flight data recorder (FDR) showed an increased in the airplane’s pitch angle at approximately 34 feet above ground level. The landing flare continues to increase to approximately 13 degrees of pitch angle with a corresponding angle of attack of 17 degrees. The airplane’s stick shaker/stall warning system activates seconds prior to the airplane’s landings. During the landing sequence, the airplane’s tail sections contacted the runway.
They might only be getting 9 of those planes back.......
NTSB IdentificationDFW08CA215
Scheduled 14 CFR Part 121 Air Carrier operation of TRANS STATE AIRLINES (D.B.A. American Connection)
Aircraft EMBRAER EMB-145LR (N814HK)
Injuries 36 Uninjured.
Accident occurred Thursday, August 14, 2008 in St. Louis, MO
While en route to the destination airport, the first officer (FO) warns that his flaps 45 degrees landings are “a little extreme.” The FO continues by stating that the landings are “a little non-standard, but it’s way more fun.” The flight data recorder (FDR) showed an increased in the airplane’s pitch angle at approximately 34 feet above ground level. The landing flare continues to increase to approximately 13 degrees of pitch angle with a corresponding angle of attack of 17 degrees. The airplane’s stick shaker/stall warning system activates seconds prior to the airplane’s landings. During the landing sequence, the airplane’s tail sections contacted the runway.
Last edited by Mason32; 12-04-2008 at 05:41 PM.
#28
Thanks for all of your answers guys...
I had no idea load factors had been down that much for Eagle, thats surprising to me, i fly them quite a bit and its usually pretty rough getting space available.
Well with the E190s being a viable option, do you guys think that AA mainline is going to pick up some of them? There is such a gap there isnt there? I mean their smallest aircraft now is the fuel eating MD-80. The F-100's are gone, so perhaps getting ahold of some 190s would do AA some good.....
And i had no idea about that average 50 seat rule, and thought that eagle parked way more of the smaller ERJs..........
No im not an employee, but Eagle is up there with my first choices of airlines to fly for. I dont get out of college until august.....so i have some time to get my apps in.
I had no idea load factors had been down that much for Eagle, thats surprising to me, i fly them quite a bit and its usually pretty rough getting space available.
Well with the E190s being a viable option, do you guys think that AA mainline is going to pick up some of them? There is such a gap there isnt there? I mean their smallest aircraft now is the fuel eating MD-80. The F-100's are gone, so perhaps getting ahold of some 190s would do AA some good.....
And i had no idea about that average 50 seat rule, and thought that eagle parked way more of the smaller ERJs..........
No im not an employee, but Eagle is up there with my first choices of airlines to fly for. I dont get out of college until august.....so i have some time to get my apps in.
#29
It's old news....
the way I heard it the airframe was bent, and the insurance company was going to call it a total.... was probably insured for less than it should have been, so the insurance companies will pay out on them, then part them out... not sure of the final disposition, but last I heard that plane wasn't coming back... so, I'd be willing to bet it was way underinsured (hull wise) and the ins co is going to make out on the deal.
the way I heard it the airframe was bent, and the insurance company was going to call it a total.... was probably insured for less than it should have been, so the insurance companies will pay out on them, then part them out... not sure of the final disposition, but last I heard that plane wasn't coming back... so, I'd be willing to bet it was way underinsured (hull wise) and the ins co is going to make out on the deal.
#30
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Well with the E190s being a viable option, do you guys think that AA mainline is going to pick up some of them? There is such a gap there isnt there? I mean their smallest aircraft now is the fuel eating MD-80. The F-100's are gone, so perhaps getting ahold of some 190s would do AA some good.....
Thanks flyinaway411. Reassuring...Another spreading STD is that Eagle MX has a lot of work to do on all the TSA aircraft, since they have different MX standards.
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