Official: Eagle to be divested
#21
Gets Weekends Off
Joined APC: Feb 2006
Position: DD->DH->RU/XE soon to be EV
Posts: 3,732
#23
#24
Gets Weekends Off
Joined APC: Jun 2008
Position: Reclined
Posts: 2,168
Try to be objective here, I know you don't want this to be a bad thing, but I don't think any regional partner has come out ahead when their major partner starts to try and distance themselves from them. Comair & XJT both come to mind.
"COULD be a good thing" just like buying a lottery ticket means you COULD be about to have a ton of money.....Yes, it could be good, but I really don't think the odds are there. Just trying to keep things real for ya, no need to overreact the other way either, I wouldn't leave if I was at Eagle, but you gotta be ready for BOHICA in this business.
"COULD be a good thing" just like buying a lottery ticket means you COULD be about to have a ton of money.....Yes, it could be good, but I really don't think the odds are there. Just trying to keep things real for ya, no need to overreact the other way either, I wouldn't leave if I was at Eagle, but you gotta be ready for BOHICA in this business.
Eagle has two operating certificates... one which can continue to fly small scope planes for AA... and the second which will be free to purchase larger aircraft. Eagles current planes will be completely paid off with 2 years. Eagle also obtained DOT authorization to fly anywhere under the open sky's agreement. Eagle itself is a member of the One World program and would be free to codeshare with any of the other One World partners.
It would also be free, with the larger planes certificate, to fly existing Eagle routes for AA as an interline provider like jetblue does except with larger planes.
They just did an end run around scope with the money coming back to the same shareholders.
Nope, AMR isn't splitting the stock to existing shareholders to lose value... that would be career suicide.
#25
Line Holder
Joined APC: Apr 2007
Posts: 42
Incorrect. ExpressJet was not stuck with a bunch of airplanes. All of the leases for the aircraft ExpressJet flies are held by Continental. ExpressJet chose to hold on to the leases of 69 aircraft in order to prevent those aircraft from being given to another carrier and used as competition. They then took those 69 aircraft and created the branded ExpressJet Airlines/Charter. Most of these aircraft are now part of new CPA's with Continental and United. What American is doing with Eagle is the same old game every other carrier has done to its regional feed.
#26
Line Holder
Joined APC: Apr 2007
Posts: 42
Eagle has two operating certificates... one which can continue to fly small scope planes for AA... and the second which will be free to purchase larger aircraft. Eagles current planes will be completely paid off with 2 years. Eagle also obtained DOT authorization to fly anywhere under the open sky's agreement. Eagle itself is a member of the One World program and would be free to codeshare with any of the other One World partners.
It would also be free, with the larger planes certificate, to fly existing Eagle routes for AA as an interline provider like jetblue does except with larger planes.
They just did an end run around scope with the money coming back to the same shareholders.
It would also be free, with the larger planes certificate, to fly existing Eagle routes for AA as an interline provider like jetblue does except with larger planes.
They just did an end run around scope with the money coming back to the same shareholders.
#27
Banned
Joined APC: Jun 2008
Posts: 8,350
Comair and Expressjet were stuck with a bunch of airplanes. They are transfering the planes to AA/AMR ownership and leasing them to Eagle.
Eagle has two operating certificates... one which can continue to fly small scope planes for AA... and the second which will be free to purchase larger aircraft. Eagles current planes will be completely paid off with 2 years. Eagle also obtained DOT authorization to fly anywhere under the open sky's agreement. Eagle itself is a member of the One World program and would be free to codeshare with any of the other One World partners.
It would also be free, with the larger planes certificate, to fly existing Eagle routes for AA as an interline provider like jetblue does except with larger planes.
They just did an end run around scope with the money coming back to the same shareholders.
Nope, AMR isn't splitting the stock to existing shareholders to lose value... that would be career suicide.
Eagle has two operating certificates... one which can continue to fly small scope planes for AA... and the second which will be free to purchase larger aircraft. Eagles current planes will be completely paid off with 2 years. Eagle also obtained DOT authorization to fly anywhere under the open sky's agreement. Eagle itself is a member of the One World program and would be free to codeshare with any of the other One World partners.
It would also be free, with the larger planes certificate, to fly existing Eagle routes for AA as an interline provider like jetblue does except with larger planes.
They just did an end run around scope with the money coming back to the same shareholders.
Nope, AMR isn't splitting the stock to existing shareholders to lose value... that would be career suicide.
#28
Also incorrect for Comair. As Delta owns Comair, Delta owns Comair's planes. Anything Comair leases, Delta also leases.
When Delta went CH11, Comair went CH11. Otherwise the DIPs could grab Comair aircraft because they're really Delta's aircraft.
Delta and Comair could sign a 20 year deal to lease those aircraft back and forth for a dollar a month, or a million dollars per flight hour. Ultimately, they're still Delta's planes and financial responsibility.
When Delta had Comair abandon their HQ building, who was stuck making lease payments? Delta.
If Delta decided tomorrow to give all Comair's flying to the 20 other DCI carriers, who would still be making payments on Comair's aircraft leases? Delta.
When Delta went CH11, Comair went CH11. Otherwise the DIPs could grab Comair aircraft because they're really Delta's aircraft.
Delta and Comair could sign a 20 year deal to lease those aircraft back and forth for a dollar a month, or a million dollars per flight hour. Ultimately, they're still Delta's planes and financial responsibility.
When Delta had Comair abandon their HQ building, who was stuck making lease payments? Delta.
If Delta decided tomorrow to give all Comair's flying to the 20 other DCI carriers, who would still be making payments on Comair's aircraft leases? Delta.
#29
Moderator
Joined APC: Oct 2006
Position: B757/767
Posts: 13,088
Incorrect. ExpressJet was not stuck with a bunch of airplanes. All of the leases for the aircraft ExpressJet flies are held by Continental. ExpressJet chose to hold on to the leases of 69 aircraft in order to prevent those aircraft from being given to another carrier and used as competition. They then took those 69 aircraft and created the branded ExpressJet Airlines/Charter. Most of these aircraft are now part of new CPA's with Continental and United. What American is doing with Eagle is the same old game every other carrier has done to its regional feed.
#30
Gets Weekends Off
Joined APC: Dec 2005
Posts: 8,900
Are you crazy dude?! 14% of your fleet consists of 37 seat RJs, 21% of your fleet consists of 44 seat RJs, and 42% of your fleet consists of 50 seat RJs! In total, 77% of your fleet consists of RJs with 50 OR less seats. You're insane to think ANY major/legacy carrier wants 37 or 44 seat RJs. The 50 seat RJ market is already saturated and heading for the desert, I don't know what you're smoking to think your 37 and 44 seat RJs can offer to other carriers.
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04-22-2012 10:33 AM