Eagle Life
#2062
Gets Weekends Off
Joined: Jun 2009
Posts: 161
Likes: 1
Just out today:
April 21, 2011
Fellow American Eagle pilots:
I apologize for not having this letter out earlier, and I will try to communicate this information as clearly as I can.* ALPA has now spent several months in an intensive effort to understand the potential effects of a spin-off of Eagle from AMR.* We have completed a verifiable, open-book review of the company’s costs, operations, and possible business plans for the proposed independent company.* We have consulted attorneys, investment bankers, and financial analysts on the potential effects of a divestiture on Eagle.* The MEC has convened multiple times to review and oversee this process.* To summarize our conclusion, the MEC has confirmed that in its current condition, Eagle will be challenged as an independent company in the highly competitive regional feed marketplace.* Eagle does indeed have a cost disadvantage compared to its peer airlines that will hinder it from easily acquiring new feed business from other mainline airlines.
In response to the above, some pilots believe that we should simply wage all out warfare to remain a wholly owned company, but this can be deceiving.* What has protected us from being whipsawed over the past fourteen years has not been our wholly owned status, but our 16 year pilot contract which provided the company with labor stability and a long term guarantee of industry standard costs.* Another significant and stabilizing factor was that AMR is responsible for the mortgages on our aircraft.* As those aircraft begin to be paid off over the next few years, we fully expect that AMR will begin the diversification process, even if we remain wholly owned, and subject Eagle to the bidding process to retain its flying.* Without intervention, our costs very well could exceed the market rate for regional feed.* Therefore, we face the same challenge as a wholly owned carrier as we will if we are an independent company.
Management has informed us that the AMR Board of Directors will continue to contemplate the divestiture of Eagle at their May 18th quarterly meeting.* If and when a decision to divest is made, the company will be authorized to file a Form 10, which is followed by a three to five month period during which the Securities and Exchange Commission will investigate the company’s filing to ensure that it reflects an accurate and realistic picture of the proposed company’s financial situation and future viability.* Following approval from the SEC, AMR would spin off Eagle to its existing shareholders, causing Eagle to be divested from AMR and, thereafter, publicly traded.*
The MEC is frustrated and angered at AMR’s stated intention to subject Eagle employees to the whipsaw process again, rather than address company financial issues through the normal Section 6 negotiating process.* We realize that AMR does not have a good track record in labor negotiations but that does not justify an attempt to circumvent it.* Certainly, this flies in the face of the commitment made between the parties fourteen years ago, following which AMR has reaped the benefit of Eagle’s long-term collective bargaining agreement.
Regardless of whether a divestiture ultimately occurs or we remain wholly owned, AMR’s stated goal is to diversify its regional feed.* Simply put, AMR’s intention is that Eagle will do less flying for American in the future and our competitors will be hired to perform the flying that we lose.* In fact, management has already begun to lay the groundwork necessary to transfer Eagle’s aircraft, such that they will be owned by AMR and will be available for other regional carriers to bid on.* ALPA grieved this anticipated transfer of Eagle’s operations and has made its case before the Arbitrator that dismantling the current Eagle is a clear attempt to circumvent the company’s commitment to the Eagle pilots, which is codified in Section 1 of our collective bargaining agreement.* That arbitration hearing was completed two weeks ago and legal briefs will be filed mid-May.* To repeat, if diversification and modification of our current job security provisions is AMR’s desire, the appropriate legal venue for such discussions is at the negotiating table.
The MEC is also frustrated that we are the only ones communicating with Eagle employees.* Although management is proceeding with preparations for a potential divestiture, it has been reluctant to say anything to its employees.* However, management’s failure to communicate does not negate the MEC’s responsibility to protect the pilots it represents.
Having said this, information became available on Monday of this week that makes it less likely that the Board will make a decision to divest Eagle at the May 18th meeting.* In light of the fact that American and American Eagle have significant issues that must be resolved before a divestiture can occur, ALPA representatives informed management yesterday that although the MEC has advised the negotiating committee to continue with limited discussions that will improve Eagle’s cost position (i.e., Arbitrator Nicolau’s 824 remedy award, longevity initiatives, etc.), it has decided to wait for more clarity regarding the timing of a potential divestiture before engaging in any comprehensive negotiations aimed at helping the new “Eagle” start off on solid footing.
The MEC’s charge is to protect pilot jobs and the MEC is committed to doing just that.* We will continue to diligently watch the divestiture process unfold and, when appropriate, will consider engaging management in discussing ideas that could help Eagle succeed as an independent company.* Rest assured that we will alert you prior to initiating any such discussions and any resultant agreement will be subject to pilot ratification.* Also, keep in mind that any such discussions must be predicated on a long-term Air Services Agreement with legitimate guarantees to provide feed for AA and, thereby, the job security we all deserve.
The negotiating committee will report back to the MEC in three weeks.* In the interim, it will continue the aforementioned discussions with management, as well as meet with ALPA’s investment banker, financial analysts, and attorneys so that we will be prepared for any possible outcome.
We will soon be scheduling another all-pilot teleconference so that we can not only keep you abreast of developments, but also provide you with a forum through which your questions and concerns may be addressed.* Please also engage your locally elected representatives.* They are in the loop and the negotiating committee is operating under their direction.
Fraternally,
Tony Gutierrez
MEC Chairman
April 21, 2011
Fellow American Eagle pilots:
I apologize for not having this letter out earlier, and I will try to communicate this information as clearly as I can.* ALPA has now spent several months in an intensive effort to understand the potential effects of a spin-off of Eagle from AMR.* We have completed a verifiable, open-book review of the company’s costs, operations, and possible business plans for the proposed independent company.* We have consulted attorneys, investment bankers, and financial analysts on the potential effects of a divestiture on Eagle.* The MEC has convened multiple times to review and oversee this process.* To summarize our conclusion, the MEC has confirmed that in its current condition, Eagle will be challenged as an independent company in the highly competitive regional feed marketplace.* Eagle does indeed have a cost disadvantage compared to its peer airlines that will hinder it from easily acquiring new feed business from other mainline airlines.
In response to the above, some pilots believe that we should simply wage all out warfare to remain a wholly owned company, but this can be deceiving.* What has protected us from being whipsawed over the past fourteen years has not been our wholly owned status, but our 16 year pilot contract which provided the company with labor stability and a long term guarantee of industry standard costs.* Another significant and stabilizing factor was that AMR is responsible for the mortgages on our aircraft.* As those aircraft begin to be paid off over the next few years, we fully expect that AMR will begin the diversification process, even if we remain wholly owned, and subject Eagle to the bidding process to retain its flying.* Without intervention, our costs very well could exceed the market rate for regional feed.* Therefore, we face the same challenge as a wholly owned carrier as we will if we are an independent company.
Management has informed us that the AMR Board of Directors will continue to contemplate the divestiture of Eagle at their May 18th quarterly meeting.* If and when a decision to divest is made, the company will be authorized to file a Form 10, which is followed by a three to five month period during which the Securities and Exchange Commission will investigate the company’s filing to ensure that it reflects an accurate and realistic picture of the proposed company’s financial situation and future viability.* Following approval from the SEC, AMR would spin off Eagle to its existing shareholders, causing Eagle to be divested from AMR and, thereafter, publicly traded.*
The MEC is frustrated and angered at AMR’s stated intention to subject Eagle employees to the whipsaw process again, rather than address company financial issues through the normal Section 6 negotiating process.* We realize that AMR does not have a good track record in labor negotiations but that does not justify an attempt to circumvent it.* Certainly, this flies in the face of the commitment made between the parties fourteen years ago, following which AMR has reaped the benefit of Eagle’s long-term collective bargaining agreement.
Regardless of whether a divestiture ultimately occurs or we remain wholly owned, AMR’s stated goal is to diversify its regional feed.* Simply put, AMR’s intention is that Eagle will do less flying for American in the future and our competitors will be hired to perform the flying that we lose.* In fact, management has already begun to lay the groundwork necessary to transfer Eagle’s aircraft, such that they will be owned by AMR and will be available for other regional carriers to bid on.* ALPA grieved this anticipated transfer of Eagle’s operations and has made its case before the Arbitrator that dismantling the current Eagle is a clear attempt to circumvent the company’s commitment to the Eagle pilots, which is codified in Section 1 of our collective bargaining agreement.* That arbitration hearing was completed two weeks ago and legal briefs will be filed mid-May.* To repeat, if diversification and modification of our current job security provisions is AMR’s desire, the appropriate legal venue for such discussions is at the negotiating table.
The MEC is also frustrated that we are the only ones communicating with Eagle employees.* Although management is proceeding with preparations for a potential divestiture, it has been reluctant to say anything to its employees.* However, management’s failure to communicate does not negate the MEC’s responsibility to protect the pilots it represents.
Having said this, information became available on Monday of this week that makes it less likely that the Board will make a decision to divest Eagle at the May 18th meeting.* In light of the fact that American and American Eagle have significant issues that must be resolved before a divestiture can occur, ALPA representatives informed management yesterday that although the MEC has advised the negotiating committee to continue with limited discussions that will improve Eagle’s cost position (i.e., Arbitrator Nicolau’s 824 remedy award, longevity initiatives, etc.), it has decided to wait for more clarity regarding the timing of a potential divestiture before engaging in any comprehensive negotiations aimed at helping the new “Eagle” start off on solid footing.
The MEC’s charge is to protect pilot jobs and the MEC is committed to doing just that.* We will continue to diligently watch the divestiture process unfold and, when appropriate, will consider engaging management in discussing ideas that could help Eagle succeed as an independent company.* Rest assured that we will alert you prior to initiating any such discussions and any resultant agreement will be subject to pilot ratification.* Also, keep in mind that any such discussions must be predicated on a long-term Air Services Agreement with legitimate guarantees to provide feed for AA and, thereby, the job security we all deserve.
The negotiating committee will report back to the MEC in three weeks.* In the interim, it will continue the aforementioned discussions with management, as well as meet with ALPA’s investment banker, financial analysts, and attorneys so that we will be prepared for any possible outcome.
We will soon be scheduling another all-pilot teleconference so that we can not only keep you abreast of developments, but also provide you with a forum through which your questions and concerns may be addressed.* Please also engage your locally elected representatives.* They are in the loop and the negotiating committee is operating under their direction.
Fraternally,
Tony Gutierrez
MEC Chairman
#2064
Gets Weekends Off
Joined: Nov 2005
Posts: 3,041
Likes: 0
From: GV Captain
#2065
Banned
Joined: Mar 2009
Posts: 562
Likes: 0
Just out today:
April 21, 2011
Fellow American Eagle pilots:
I apologize for not having this letter out earlier, and I will try to communicate this information as clearly as I can.* ALPA has now spent several months in an intensive effort to understand the potential effects of a spin-off of Eagle from AMR.* We have completed a verifiable, open-book review of the company’s costs, operations, and possible business plans for the proposed independent company.* We have consulted attorneys, investment bankers, and financial analysts on the potential effects of a divestiture on Eagle.* The MEC has convened multiple times to review and oversee this process.* To summarize our conclusion, the MEC has confirmed that in its current condition, Eagle will be challenged as an independent company in the highly competitive regional feed marketplace.* Eagle does indeed have a cost disadvantage compared to its peer airlines that will hinder it from easily acquiring new feed business from other mainline airlines.
In response to the above, some pilots believe that we should simply wage all out warfare to remain a wholly owned company, but this can be deceiving.* What has protected us from being whipsawed over the past fourteen years has not been our wholly owned status, but our 16 year pilot contract which provided the company with labor stability and a long term guarantee of industry standard costs.* Another significant and stabilizing factor was that AMR is responsible for the mortgages on our aircraft.* As those aircraft begin to be paid off over the next few years, we fully expect that AMR will begin the diversification process, even if we remain wholly owned, and subject Eagle to the bidding process to retain its flying.* Without intervention, our costs very well could exceed the market rate for regional feed.* Therefore, we face the same challenge as a wholly owned carrier as we will if we are an independent company.
Management has informed us that the AMR Board of Directors will continue to contemplate the divestiture of Eagle at their May 18th quarterly meeting.* If and when a decision to divest is made, the company will be authorized to file a Form 10, which is followed by a three to five month period during which the Securities and Exchange Commission will investigate the company’s filing to ensure that it reflects an accurate and realistic picture of the proposed company’s financial situation and future viability.* Following approval from the SEC, AMR would spin off Eagle to its existing shareholders, causing Eagle to be divested from AMR and, thereafter, publicly traded.*
The MEC is frustrated and angered at AMR’s stated intention to subject Eagle employees to the whipsaw process again, rather than address company financial issues through the normal Section 6 negotiating process.* We realize that AMR does not have a good track record in labor negotiations but that does not justify an attempt to circumvent it.* Certainly, this flies in the face of the commitment made between the parties fourteen years ago, following which AMR has reaped the benefit of Eagle’s long-term collective bargaining agreement.
Regardless of whether a divestiture ultimately occurs or we remain wholly owned, AMR’s stated goal is to diversify its regional feed.* Simply put, AMR’s intention is that Eagle will do less flying for American in the future and our competitors will be hired to perform the flying that we lose.* In fact, management has already begun to lay the groundwork necessary to transfer Eagle’s aircraft, such that they will be owned by AMR and will be available for other regional carriers to bid on.* ALPA grieved this anticipated transfer of Eagle’s operations and has made its case before the Arbitrator that dismantling the current Eagle is a clear attempt to circumvent the company’s commitment to the Eagle pilots, which is codified in Section 1 of our collective bargaining agreement.* That arbitration hearing was completed two weeks ago and legal briefs will be filed mid-May.* To repeat, if diversification and modification of our current job security provisions is AMR’s desire, the appropriate legal venue for such discussions is at the negotiating table.
The MEC is also frustrated that we are the only ones communicating with Eagle employees.* Although management is proceeding with preparations for a potential divestiture, it has been reluctant to say anything to its employees.* However, management’s failure to communicate does not negate the MEC’s responsibility to protect the pilots it represents.
Having said this, information became available on Monday of this week that makes it less likely that the Board will make a decision to divest Eagle at the May 18th meeting.* In light of the fact that American and American Eagle have significant issues that must be resolved before a divestiture can occur, ALPA representatives informed management yesterday that although the MEC has advised the negotiating committee to continue with limited discussions that will improve Eagle’s cost position (i.e., Arbitrator Nicolau’s 824 remedy award, longevity initiatives, etc.), it has decided to wait for more clarity regarding the timing of a potential divestiture before engaging in any comprehensive negotiations aimed at helping the new “Eagle” start off on solid footing.
The MEC’s charge is to protect pilot jobs and the MEC is committed to doing just that.* We will continue to diligently watch the divestiture process unfold and, when appropriate, will consider engaging management in discussing ideas that could help Eagle succeed as an independent company.* Rest assured that we will alert you prior to initiating any such discussions and any resultant agreement will be subject to pilot ratification.* Also, keep in mind that any such discussions must be predicated on a long-term Air Services Agreement with legitimate guarantees to provide feed for AA and, thereby, the job security we all deserve.
The negotiating committee will report back to the MEC in three weeks.* In the interim, it will continue the aforementioned discussions with management, as well as meet with ALPA’s investment banker, financial analysts, and attorneys so that we will be prepared for any possible outcome.
We will soon be scheduling another all-pilot teleconference so that we can not only keep you abreast of developments, but also provide you with a forum through which your questions and concerns may be addressed.* Please also engage your locally elected representatives.* They are in the loop and the negotiating committee is operating under their direction.
Fraternally,
Tony Gutierrez
MEC Chairman
April 21, 2011
Fellow American Eagle pilots:
I apologize for not having this letter out earlier, and I will try to communicate this information as clearly as I can.* ALPA has now spent several months in an intensive effort to understand the potential effects of a spin-off of Eagle from AMR.* We have completed a verifiable, open-book review of the company’s costs, operations, and possible business plans for the proposed independent company.* We have consulted attorneys, investment bankers, and financial analysts on the potential effects of a divestiture on Eagle.* The MEC has convened multiple times to review and oversee this process.* To summarize our conclusion, the MEC has confirmed that in its current condition, Eagle will be challenged as an independent company in the highly competitive regional feed marketplace.* Eagle does indeed have a cost disadvantage compared to its peer airlines that will hinder it from easily acquiring new feed business from other mainline airlines.
In response to the above, some pilots believe that we should simply wage all out warfare to remain a wholly owned company, but this can be deceiving.* What has protected us from being whipsawed over the past fourteen years has not been our wholly owned status, but our 16 year pilot contract which provided the company with labor stability and a long term guarantee of industry standard costs.* Another significant and stabilizing factor was that AMR is responsible for the mortgages on our aircraft.* As those aircraft begin to be paid off over the next few years, we fully expect that AMR will begin the diversification process, even if we remain wholly owned, and subject Eagle to the bidding process to retain its flying.* Without intervention, our costs very well could exceed the market rate for regional feed.* Therefore, we face the same challenge as a wholly owned carrier as we will if we are an independent company.
Management has informed us that the AMR Board of Directors will continue to contemplate the divestiture of Eagle at their May 18th quarterly meeting.* If and when a decision to divest is made, the company will be authorized to file a Form 10, which is followed by a three to five month period during which the Securities and Exchange Commission will investigate the company’s filing to ensure that it reflects an accurate and realistic picture of the proposed company’s financial situation and future viability.* Following approval from the SEC, AMR would spin off Eagle to its existing shareholders, causing Eagle to be divested from AMR and, thereafter, publicly traded.*
The MEC is frustrated and angered at AMR’s stated intention to subject Eagle employees to the whipsaw process again, rather than address company financial issues through the normal Section 6 negotiating process.* We realize that AMR does not have a good track record in labor negotiations but that does not justify an attempt to circumvent it.* Certainly, this flies in the face of the commitment made between the parties fourteen years ago, following which AMR has reaped the benefit of Eagle’s long-term collective bargaining agreement.
Regardless of whether a divestiture ultimately occurs or we remain wholly owned, AMR’s stated goal is to diversify its regional feed.* Simply put, AMR’s intention is that Eagle will do less flying for American in the future and our competitors will be hired to perform the flying that we lose.* In fact, management has already begun to lay the groundwork necessary to transfer Eagle’s aircraft, such that they will be owned by AMR and will be available for other regional carriers to bid on.* ALPA grieved this anticipated transfer of Eagle’s operations and has made its case before the Arbitrator that dismantling the current Eagle is a clear attempt to circumvent the company’s commitment to the Eagle pilots, which is codified in Section 1 of our collective bargaining agreement.* That arbitration hearing was completed two weeks ago and legal briefs will be filed mid-May.* To repeat, if diversification and modification of our current job security provisions is AMR’s desire, the appropriate legal venue for such discussions is at the negotiating table.
The MEC is also frustrated that we are the only ones communicating with Eagle employees.* Although management is proceeding with preparations for a potential divestiture, it has been reluctant to say anything to its employees.* However, management’s failure to communicate does not negate the MEC’s responsibility to protect the pilots it represents.
Having said this, information became available on Monday of this week that makes it less likely that the Board will make a decision to divest Eagle at the May 18th meeting.* In light of the fact that American and American Eagle have significant issues that must be resolved before a divestiture can occur, ALPA representatives informed management yesterday that although the MEC has advised the negotiating committee to continue with limited discussions that will improve Eagle’s cost position (i.e., Arbitrator Nicolau’s 824 remedy award, longevity initiatives, etc.), it has decided to wait for more clarity regarding the timing of a potential divestiture before engaging in any comprehensive negotiations aimed at helping the new “Eagle” start off on solid footing.
The MEC’s charge is to protect pilot jobs and the MEC is committed to doing just that.* We will continue to diligently watch the divestiture process unfold and, when appropriate, will consider engaging management in discussing ideas that could help Eagle succeed as an independent company.* Rest assured that we will alert you prior to initiating any such discussions and any resultant agreement will be subject to pilot ratification.* Also, keep in mind that any such discussions must be predicated on a long-term Air Services Agreement with legitimate guarantees to provide feed for AA and, thereby, the job security we all deserve.
The negotiating committee will report back to the MEC in three weeks.* In the interim, it will continue the aforementioned discussions with management, as well as meet with ALPA’s investment banker, financial analysts, and attorneys so that we will be prepared for any possible outcome.
We will soon be scheduling another all-pilot teleconference so that we can not only keep you abreast of developments, but also provide you with a forum through which your questions and concerns may be addressed.* Please also engage your locally elected representatives.* They are in the loop and the negotiating committee is operating under their direction.
Fraternally,
Tony Gutierrez
MEC Chairman
#2066
Banned
Joined: Jun 2008
Posts: 8,350
Likes: 0
That wouldn't make the shareholders very happy. Eagle will remain a feeder to AA and viable, but smaller and will share their fly-chow with 1 or more other diners. However, the pilots who do the feed will likely no longer get a thin slice of turkey and some mashed potatoes for their efforts , instead getting 3 cold fatty McNuggets and some fries (Biggee size, not approved).
Eagle, one of the last good regionals compensation-wise (if you stayed long enough) is the last of a dying breed and soon will join the rest as restaurants you'd avoid if you could.
#2067
Gets Weekends Off
Joined: Apr 2009
Posts: 186
Likes: 0
From: CA
Yeah we're *******ED on this one. It's been fun, a lot of nay sayers saying this won't happen, but it I think it's coming this time, and were going to get hosed.
#2068
Gets Weekends Off
Joined: Jul 2010
Posts: 112
Likes: 0
I could not agree more. American will soon be bidding out their regional flying just like everyone else does---they have to stay completive. I would think Eagle will survive, but as a much smaller company than it is today. I feel for the last few hundred guys getting hired---there is a very good chance they will be on the streets in the future when the downsizing starts. Just look at Comair---it will be the same scnerio at Eagle. What a shame.
#2069
#2070
Banned
Joined: Mar 2009
Posts: 562
Likes: 0
Here's how it will start
1. Everybody will start saying we're to big to be pieced out. (so was Comair)
2. People will say this is different, no its not.........
3. People will say other companies can't spool up training fast enough (yes they can Mesa and CHQ did it very fast to OH) Also pilot shortage well eagle pilots being furloughed will start applying to those companies getting the flying and so will instructors, NO SHORTAGE
4. Company will start saying we cost to much every day, and the union will say fight to the end
5. AMR will just start to transfer stuff and the union will fight it but go no where.
6. in 5 years eagle will be half the size, and people will keep saying this is crap, will get more flying. Senior guys will look for young to fly for free. Mang. will spread rumors through line pilots that are underneath the desk of the VP'S on there knees. Rumors will be such as, 170's and 190's are on the way. you'll hear our union is in talks with APA about a merger of list, and our union won't deny it because it makes them look good.
7. Then the bad will come the first day of the 6th year of the diversification.
So far at EAGLE the union has said will win every grievance against AMR, We're to big to be pieced out. Thats all a joke AMR wouldn't do it if they didn't think they could get a way with it. And being to big means nothing this crap doesn't happen the next morning. So if they take 25 ERJ this week, and 15 9 months from now, 22, 18 months from now, 36 3 years from now and so on, what does being to big have anything to do with it.
Sorry for lack of sentence structure and ramblings but have the worst cold ever from all the fat overweight hillbillies and angle walking rude French people at Disney this week. But mark my words this is how it will break down. If they wanted Eagle to do the flying then they would not touch a thing, But by diversifying us they make it look like the management of Eagle botched it (in the long run) and it won't hurt AMR stock at all since it was split. And for the share holders, yeah they'll make it look like Eagle has a chance, but they could care less cause they are AMR and EAGLE won't be part of AMR except they are the carrier that is costing AMR shareholders money cause are cost are to high and if they go out and get CHQ to do the flying it'll be cheaper. At that point they (shareholders) would have all dumped EAGLE stock by then, and would be all for getting someone besides EAGLE to do the flying cheaper. You'll learn quickly why DCI carriers hate CHQ and MESA
1. Everybody will start saying we're to big to be pieced out. (so was Comair)
2. People will say this is different, no its not.........
3. People will say other companies can't spool up training fast enough (yes they can Mesa and CHQ did it very fast to OH) Also pilot shortage well eagle pilots being furloughed will start applying to those companies getting the flying and so will instructors, NO SHORTAGE
4. Company will start saying we cost to much every day, and the union will say fight to the end
5. AMR will just start to transfer stuff and the union will fight it but go no where.
6. in 5 years eagle will be half the size, and people will keep saying this is crap, will get more flying. Senior guys will look for young to fly for free. Mang. will spread rumors through line pilots that are underneath the desk of the VP'S on there knees. Rumors will be such as, 170's and 190's are on the way. you'll hear our union is in talks with APA about a merger of list, and our union won't deny it because it makes them look good.
7. Then the bad will come the first day of the 6th year of the diversification.
So far at EAGLE the union has said will win every grievance against AMR, We're to big to be pieced out. Thats all a joke AMR wouldn't do it if they didn't think they could get a way with it. And being to big means nothing this crap doesn't happen the next morning. So if they take 25 ERJ this week, and 15 9 months from now, 22, 18 months from now, 36 3 years from now and so on, what does being to big have anything to do with it.
Sorry for lack of sentence structure and ramblings but have the worst cold ever from all the fat overweight hillbillies and angle walking rude French people at Disney this week. But mark my words this is how it will break down. If they wanted Eagle to do the flying then they would not touch a thing, But by diversifying us they make it look like the management of Eagle botched it (in the long run) and it won't hurt AMR stock at all since it was split. And for the share holders, yeah they'll make it look like Eagle has a chance, but they could care less cause they are AMR and EAGLE won't be part of AMR except they are the carrier that is costing AMR shareholders money cause are cost are to high and if they go out and get CHQ to do the flying it'll be cheaper. At that point they (shareholders) would have all dumped EAGLE stock by then, and would be all for getting someone besides EAGLE to do the flying cheaper. You'll learn quickly why DCI carriers hate CHQ and MESA
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