Is Pinnacle the next ComAir?
#41
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Joined APC: Nov 2009
Position: AN124 FE
Posts: 1,226
if a big enough contract comes with Eagle, I think anyone could bite. Dont assume Eagle is the next Comair. It could be the next Mesaba, Compass, Expressjet. Or it could be the next PSA/PDT. Also as recruiting gets harder, I could see those with solid flow through options as the only place that can hire.
#42
if a big enough contract comes with Eagle, I think anyone could bite. Dont assume Eagle is the next Comair. It could be the next Mesaba, Compass, Expressjet. Or it could be the next PSA/PDT. Also as recruiting gets harder, I could see those with solid flow through options as the only place that can hire.
#43
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#44
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ya ya ya I know i know....however not all wholey owned rj airlines have had the comair fate. The majority have been spun off or sold. Comair is the only one that got this treatment. Can someone from Comair tell me if Delta wanted to spinoff Comair??
#46
I think what Rick was referring to was that if a good enough ASA was to be offered by AMR for someone else to take Eagle but have a large amount of AMR's feed moving forward someone might bite. The whole deal that we are so profitable and all that crap I don't buy it, AMR loves doing crazy accounting and shuffling money around, with that in mind SKW, RAH or whoever will not rent class room space from AMR at their cost, will not pay for simulator time at the rates AMR will want to impose. AMR is able to shuffle a lot of money in and out of Eagle. Eagle is just another regional who happens to own a lot of 50 seaters as well as a senior pilot group (but others acre catching up specially the ones under the SKW umbrella). Eagle in the open marker would not be kicking @$$ and taking names due to the above monitored but under the AMR umbrella Eagle has a lot of value for AMR. Eagle is not worth a lot but it's worth a lot to AMR, if AMR wanted to rid themselves of Eagle they would have done. Don't tell me that they care about the share holders because that's not what CH11 does, AMR has and will make decisions that to us might not make sense but AMR currently is spending a lot of money in Eagle and most of the things being done probably would be wasted if Eagle merged with someone else. It is what it is, from the outside looking in we seem hosed, from the inside looking in we seem hosed but there are a lot of moving parts and we will just read about it on the USA Today.
#47
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Joined APC: Aug 2008
Position: forever fo
Posts: 2,413
I think what Rick was referring to was that if a good enough ASA was to be offered by AMR for someone else to take Eagle but have a large amount of AMR's feed moving forward someone might bite. The whole deal that we are so profitable and all that crap I don't buy it, AMR loves doing crazy accounting and shuffling money around, with that in mind SKW, RAH or whoever will not rent class room space from AMR at their cost, will not pay for simulator time at the rates AMR will want to impose. AMR is able to shuffle a lot of money in and out of Eagle. Eagle is just another regional who happens to own a lot of 50 seaters as well as a senior pilot group (but others acre catching up specially the ones under the SKW umbrella). Eagle in the open marker would not be kicking @$$ and taking names due to the above monitored but under the AMR umbrella Eagle has a lot of value for AMR. Eagle is not worth a lot but it's worth a lot to AMR, if AMR wanted to rid themselves of Eagle they would have done. Don't tell me that they care about the share holders because that's not what CH11 does, AMR has and will make decisions that to us might not make sense but AMR currently is spending a lot of money in Eagle and most of the things being done probably would be wasted if Eagle merged with someone else. It is what it is, from the outside looking in we seem hosed, from the inside looking in we seem hosed but there are a lot of moving parts and we will just read about it on the USA Today.
#48
If AA hired Eagle would be fairly junior fast. Also AA could be adding almost 150 new airplanes to their feed (which AA wont hire for a long long time), however if they do thats a good chunk of flying. Add in Eagles planes of 250 and there are lucrative deals. I am just playing what IFs. I think Eagle will end up with 200 70-90 seat airplanes over the next 5 years, and 150 other airplanes will get bid out, mainly lower cost 50 sear jets. With attrition the furloughing maybe light. Its such a fluid industry its really hard to tell. However saying Eagle is doomed to be shutdown is a huge assumption.
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01-22-2009 07:17 AM