Quote:
Originally Posted by DAL4EVER
Talk about a Texas sized sh*t sandwich!
That's what the Eagle divestiture is turning into. American can't do an IPO while realistically providing guidance for Eagle as a stand alone F4D airline which just lost their only client.
American's bankruptcy, if pre packaged, would have to be laid out in the documents for Eagle's IPO. So, the IPO is DOA.
Eagle gave up its Section 1 in response to a false threat.
It also reveals American wasn't thinking before announcing their intent to burn that piece of furniture this winter.
The only way out is SkyWest. Republic's about sunk itself. Someone call Embraer and ask if they want those airplanes in Brazil, or baking in the sun at a US airport.