Are wholly owned regionals going away?
#21
AMR had a buyer for Eagle. They just didn't like who it was and what the outcome would be. They just couldn't let go of the Caribbean to the purchaser.
#22
This rings true since AMR is far too much of a control freak to just let someone plunk down a billion bucks and walk away with 95% of their feed which is providing 25% of their revenue.
Think what would have happened if Southwest bought Eagle for a billion bucks then let all the people go and parked all the airplanes. AMR would have been bankrupt within a year. Those 777 flights leaving Chicago and Dallas over the pond don't fill themselves.
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