![]() |
Originally Posted by Wingtips
(Post 1060022)
Well its what happened at Compass and Mesaba in the last 5 years. How can you blame them for going on history. Looks like divesting us lines us RIGHT UP with that!
|
Originally Posted by Wingtips
(Post 1060022)
Well its what happened at Compass and Mesaba in the last 5 years. How can you blame them for going on history. Looks like divesting us lines us RIGHT UP with that!
Originally Posted by stbloc
(Post 1060026)
I never said Eagle would go away? They will restructure like all the others. Asked the Mesaba and Compass guys how BK work for them. You think that turned out fine? Wow I can't believe you would try to argue those companies. Most of them got screwed big time. Don't know much about the Xpress history but I don't recall CO filing BK so not sure how that company was thrown into this argument.
Compass has never been through BK. |
Originally Posted by johnso29
(Post 1060036)
Compass has never been through BK.
|
EMB, you think AMR cares about EAGLE?????
You also think ANYONE wants to Merge with CANCER, I mean AMR????? |
Originally Posted by stbloc
(Post 1060011)
Right, they will just throw your contract out and put you lift up for bid. That will leave two choices. All take paycuts to keep flying or loose planes and employees.
|
Originally Posted by Wingtips
(Post 1060006)
we are def. getting spun off, that is why AA kept EGL debt. That way it can be ate in BK court.
Also they can give the planes away, but till a BK court takes it away, they must be EGL pilots for the next 5 years. |
Originally Posted by stbloc
(Post 1060039)
Right, Compass was brought in to help stab Mesaba pilots in the back. Again another BK trick to screw pilots. But this blueprint has failed. Mid Atlantic and Compass never turned out the way it was planed. Just a another trick to drive pay down.
|
Can someone please explain, in Layman's terms, why the divestiture is better for the shareholders. AMR stock is a whopping $3.32. Now the shareholders will get stock in a, pretty much, worthless public company. How will they make money off the divestiture? Add to that that AMR will keep AE debt, which will lower the stock price. We can't be the only ones thinking AMR will file ch 11.
|
Originally Posted by eaglefly
(Post 1060069)
The primary reason AMR kept the AE debt was not dumping it in BK, but because they essentially HAD to. To cast Eagle out on it's own with a debt load that would certain to sink it by making it impossible to finance new aircraft and thus be unable to bid for other flying NECESSARY for it's survival, would be grounds for action from the shareholders.
|
Originally Posted by B767
(Post 1060077)
Can someone please explain, in Layman's terms, why the divestiture is better for the shareholders. AMR stock is a whopping $3.32. Now the shareholders will get stock in a, pretty much, worthless public company. How will they make money off the divestiture? Add to that that AMR will keep AE debt, which will lower the stock price. We can't be the only ones thinking AMR will file ch 11.
|
| All times are GMT -8. The time now is 01:39 AM. |
Website Copyright © 2026 MH Sub I, LLC dba Internet Brands