Did Eagle Actually Exercise Options for 25 CRJ-700's?
11-07-2007, 08:33 AM
#1
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Did Eagle Actually Exercise Options for 25 CRJ-700's?
I am curious if Eagle actually exercised their options for 25 CRJ-700's? I know this has been a rumor forever, but did they actually finally pull the trigger (and make it official).
I am interested for two reasons. The main reason is I seem to remember that in American's pilot contract, for each additional 70 seat aircraft flown by Eagle, mainline would get an aircraft on a 1:1 ratio. Is this correct, or am I totally wrong?
The other thing is this may finally help lower Eagle's upgrade time. If this is true, does anyone know the approximate delivery schedule/rate?
I am interested for two reasons. The main reason is I seem to remember that in American's pilot contract, for each additional 70 seat aircraft flown by Eagle, mainline would get an aircraft on a 1:1 ratio. Is this correct, or am I totally wrong?
The other thing is this may finally help lower Eagle's upgrade time. If this is true, does anyone know the approximate delivery schedule/rate?
11-07-2007, 09:16 AM
#3
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I also heard they are coming.
But those 25 CRJ's arent going to bring the upgrade time down nearly as much as American starting to pull Eagle captains as early as sometime next summer. There are all kinds of guesses on what the upgrade time will be a year from now, but the consensus seems to be about 3-4 year upgrade in a year from now.
Of course, all furloughed AA pilots will be called before Eagle captains start moving to AA. Like I said, everyone is just guessing on what the upgrade time will be, but it will def. go down significantly.
But those 25 CRJ's arent going to bring the upgrade time down nearly as much as American starting to pull Eagle captains as early as sometime next summer. There are all kinds of guesses on what the upgrade time will be a year from now, but the consensus seems to be about 3-4 year upgrade in a year from now.
Of course, all furloughed AA pilots will be called before Eagle captains start moving to AA. Like I said, everyone is just guessing on what the upgrade time will be, but it will def. go down significantly.
11-07-2007, 10:54 AM
#4
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The 25 CRJ options have been "subject to Board of Directors and AMR financing approval" for the past 5+ years. In the latest TA between the 4 parties, mgmt slipped a section in saying:
"American Eagle will, subject to AMR Board Approval and Eagle's ability to finance under reasonable terms, exercise the existing 25 CRJ-700 options"
Officially nothing has been exercised and the final language for this TA hasnt even been written, or passed.
On the company kool-aid page they say that the 25 CRJs will start delivery in 2009 with the bulk of them coming in 2010. So at the earliest it will be 2 more years until 1 new airframe shows up. I really dont think this will impact upgrade times much at all, especially with the staffing issues on the Saabs. One of the two has to go, and I will guess its the Saabs.
"American Eagle will, subject to AMR Board Approval and Eagle's ability to finance under reasonable terms, exercise the existing 25 CRJ-700 options"
Officially nothing has been exercised and the final language for this TA hasnt even been written, or passed.
On the company kool-aid page they say that the 25 CRJs will start delivery in 2009 with the bulk of them coming in 2010. So at the earliest it will be 2 more years until 1 new airframe shows up. I really dont think this will impact upgrade times much at all, especially with the staffing issues on the Saabs. One of the two has to go, and I will guess its the Saabs.
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