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-   -   AMR "very close to divesting Eagle" (https://www.airlinepilotforums.com/regional/56950-amr-very-close-divesting-eagle.html)

Flyby1206 02-14-2011 02:34 PM


Originally Posted by Harry Canyon (Post 947508)
Republic. All signs point to Bedford.

I wouldnt be surprised to see his mark on this whole thing.

AMR spins off Eagle to existing AMR shareholders and then the new Eagle company buys the Shuttle America and Chautauqua certificates from BB leaving him with the Republic cert and his Frontier operations.

Eagle gets a turnkey E170/175/190? certificate and instant contract feed agreements with several other legacies while jumping into either 2nd or 3rd place in the largest regional carrier game.

chignutsak 02-14-2011 02:48 PM


Originally Posted by Flyby1206 (Post 947574)
I wouldnt be surprised to see his mark on this whole thing.

AMR spins off Eagle to existing AMR shareholders and then the new Eagle company buys the Shuttle America and Chautauqua certificates from BB leaving him with the Republic cert and his Frontier operations.

Eagle gets a turnkey E170/175/190? certificate and instant contract feed agreements with several other legacies while jumping into either 2nd or 3rd place in the largest regional carrier game.

I am trying to decide if this is a fantasy or a delusion...

embraer 02-14-2011 03:20 PM


Originally Posted by chignutsak (Post 947586)
I am trying to decide if this is a fantasy or a delusion...

It's actually very plausible. Especially if ( and that is a big if) BB gets his hands on Eagle.

Again, this is all speculation. For all we know AMR may be doing their best at this point to hang on to Eagle.

DENpilot 02-14-2011 04:26 PM

Why is it that everyone thinks that if Eagle is divested it is going to be an airline that buys them? I highly doubt that any airline would buy Eagle for many reasons, the same reasons that AMR wants to sell Eagle.

Odds are it will be private firm that buys Eagle, maybe an investment company.

tomgoodman 02-14-2011 05:01 PM

Hmmmm....
 

Originally Posted by DENpilot (Post 947637)
Odds are it will be private firm that buys Eagle, maybe an investment company.

Like Oak Hill, perhaps? They recently added Robert Crandall to Southern's BOD.

Flyby1206 02-14-2011 05:38 PM


Originally Posted by DENpilot (Post 947637)
Why is it that everyone thinks that if Eagle is divested it is going to be an airline that buys them? I highly doubt that any airline would buy Eagle for many reasons, the same reasons that AMR wants to sell Eagle.

Odds are it will be private firm that buys Eagle, maybe an investment company.

It has been said publicly several times from the company and union that nobody is interested in purchasing us (other airlines or private equity) and the most likely path of divestiture would be to spin eagle off to existing AMR shareholders.

Ex: every AMR shareholder would get 1 share of Eagle company stock for every 3 shares of AMR they currently own.

Flyby1206 02-14-2011 05:40 PM


Originally Posted by chignutsak (Post 947586)
I am trying to decide if this is a fantasy or a delusion...

Not really either, just thinking how Eagle could realistically be separated from AMR and survive in the regional industry. We would have a hard time doing it on our own without any existing relationships with other legacy carriers. Buying Shuttle America and CHQ would be like buying a membership to the regional players club.

I also think it is fishy we haven't heard anything about the RAH seniority list integration. Something happening behind the scenes so that the certificates can all remain separate until one or more are sold off? Who knows...

And if that one doesn't float your boat the how about Eagle gets divested and buys the TSA/GoJets/Compass operation from Hulas.

X Rated 02-14-2011 07:08 PM

Everyone is also making the assumption that Eagle would be acquired/absorbed/assimilated as a whole. It could be split up as 50 seats, CRJ's, Eagle Certificate or Executive Certificate.

Fragmentation....fewer worries and, if less than 50%, no Bond-McCaskill.

buddies8 02-14-2011 08:12 PM

it's the company just making news. they have nothing to be news worthy about so make up controllable stories. barrel of oil going to 200, yep the sale is on. the story was started by TG from the MEC the buffoon group and aided by amr for the advertisement news. The union at AE for the pilots is run by morons, lie to its members, make up stories to justify there position. Oh they act like management.

TBucket 02-14-2011 09:01 PM

I hear Hulas is looking for a 4th airline...


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