Originally Posted by ingleburg5
(Post 1025520)
You are assuming that whomever wins a new CPA with American would use Eagle aircraft. It could very easily occur like this: 1. American retires the EMB135's/140's/some 145's and the ATR's 2. Another company comes in with their own CRJ200's/EMB145's and Q400's and uses those. I don't believe the pilots are protected at that point (except for the furlough language). The whole point of diversifying is to decrease costs. Using the same aircraft and the same pilots is not going to decrease costs.
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Originally Posted by SATCFI
(Post 1025604)
The only problem with what you saying is that you only inculde the aircraft. The "flight ops" or the entire group of "assets" include, Aircraft, gates, or routes operated by Eagle in the previous 12 months. The only way a new carrier can take a "market, or route" is if Eagle stopped flying completely in a market or route for 12 months..
1. American Eagle has agreed to clarifying contract language regarding the scope of work that American Eagle pilots perform in the event of a divestiture. (This has yet to be decided and could hurt in the end) 2. If American Eagle loses flying and such loss might result in a furlough, American Airlines will also attempt to negotiate preferential interviews for American Eagle pilots at the carrier who has successfully bid for the flying that Eagle is losing. I can guarantee that American management is going to make sure this works in their favor. They claim that one of the main reasons that they are losing money right now is due to inefficient aircraft, hence the new aircraft order that was announced. I don't for one second see them hanging on to inefficient aircraft in their regional feed longer than they have to. On paper this looks like a win for Eagle pilots, but if you read between the lines management won themselves an out and a way to diversify feed. |
Originally Posted by ingleburg5
(Post 1025630)
Here is the catch:
1. American Eagle has agreed to clarifying contract language regarding the scope of work that American Eagle pilots perform in the event of a divestiture. (This has yet to be decided and could hurt in the end) 2. If American Eagle loses flying and such loss might result in a furlough, American Airlines will also attempt to negotiate preferential interviews for American Eagle pilots at the carrier who has successfully bid for the flying that Eagle is losing. I can guarantee that American management is going to make sure this works in their favor. They claim that one of the main reasons that they are losing money right now is due to inefficient aircraft, hence the new aircraft order that was announced. I don't for one second see them hanging on to inefficient aircraft in their regional feed longer than they have to. On paper this looks like a win for Eagle pilots, but if you read between the lines management won themselves an out and a way to diversify feed. Only time will tell just what happened yesterday, and today! I hope for the best, but worst case scenario I get furloughed and go somewhere else. It will be a year or two I would imagine before anything substantial happens is my guess |
Originally Posted by Mason32
(Post 1025390)
somebody DOES see the larger picture... for crying out loud. All we every hear from newbies is I want my PIC hours and up and out.... well Eagle just got guaranteed movement... they'll have the same number of guys bailing for jetblue, Delta or whomever as every other regional... plus they'll have guys going to AA.... so, upgrade quick, shop yourself around, but have a slot at AA as a fallback...
just be hired before Oct 11,2011 |
Originally Posted by BadJetPilot
(Post 1025664)
What is Eagles "hire date"... the day your offered the position in an interview, the day you start training or a year from then?
It's the first date you are being paid for your labor.... which in this case woud be when you show up for class. |
Originally Posted by theaviator
(Post 1025391)
Ill be honest, im more concerned about not having a job in 6 months. If a divesture happens do you really think eagle can compete cost wise with other regionals? Eagle pilots will soon join the the rest of the industry in their dislike for airlines like Mesa.
Do you really think the CEO's that did this would split the stock shares, then watch as those shares became worthless? The Board of Directors would fire them the next day. Stop thinking about it as a laborer... they have a duty to their shareholders, and wiping out share value is career suicide. |
Originally Posted by Mason32
(Post 1025671)
Do you really think the CEO's that did this would split the stock shares, then watch as those shares became worthless? The Board of Directors would fire them the next day.
Stop thinking about it as a laborer... they have a duty to their shareholders, and wiping out share value is career suicide. Are all those poor guys (CEO'S) homeless now ;) This was an easy way to win over the pilot labor with as little drama as possible. I might be negetive, but they don't give a rats ass about us. I hope I'm wrong. |
Originally Posted by JUG47
(Post 1025704)
Bear Sterns, Lehman Bros, AIG???
Are all those poor guys (CEO'S) homeless now ;) Had that not happened for the companies you list, their CEO's would be jobless on the street and un-hirable anywhere.... they'd be Lorenzo'd. |
Originally Posted by Mason32
(Post 1025671)
Do you really think the CEO's that did this would split the stock shares, then watch as those shares became worthless? The Board of Directors would fire them the next day.
Stop thinking about it as a laborer... they have a duty to their shareholders, and wiping out share value is career suicide. The shareholders will do OK as Eagle shares will still be viable and Eagle's costs will plummet due to whipsawing. Eagle wont be taking over AA's domestic market and will even lose a lot of what they previously gained. |
Originally Posted by Mason32
(Post 1025798)
Do you see the Govt ready to rush in and bailout an airline?
Had that not happened for the companies you list, their CEO's would be jobless on the street and un-hirable anywhere.... they'd be Lorenzo'd. Even though I was not refering to that, the Govt has done it for airlines before. No, what I meant was that these guys can get away with almost anything. Bail out or no bail out, those CEO's mentioned would still be doing fine. Those guys are the best networkers in the world. In fact, after working for a sleezy tabloid and even doin' time, I got a job at No 10 Downing St a for short period! Why would AMR care about EA's stock if they don't even own it. Is this related to the thread, no. But Management is doing a fine job of distracting you. |
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