Airline Pilot Central Forums - Eagle for sale, again

Quote:

Originally Posted by Mason32 (Post 839418)

This would allow AMR to continue their long stated agenda of making Eagle the domestic carrier, and making AA the long haul, transcon & international airline. Once the dust settles, AMR will buy back the outstanding 51% interest from it's shareholders.

This is my thinking also, but I think it is AMR Plan B. Plan A is to keep AE as a wholly-owned for Command & Control reasons plus profits and negotiate scope relief with their employees. The latest business news on AMR says they may be one step closer to resolving those labor disputes in bankruptcy court. American likely to be exception to airlines' profitable second quarter | Airlines and Avia...

Quote:

Originally Posted by Wheels up (Post 840030)

In that case AMR would still be receiving revenue from it's ownership share of the shill corporation. If they thought they could do get away with that, they would have done it long long ago.

It's not a matter of "getting away with it", because they can. That's been proven with the Republic model. It's a matter of do they want to hassle with it?

Like bankruptcy, I think they'd only do it as a last resort. AMR's experience with outsourcing with other airlines wasn't a good one for control freaks who micromanage everything. Between the return of the leased aircraft from TSA and the Colgan crash, my gut tells me AMR doesn't want to go down this path unless it is absolutely necessary.