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  • shakeyjake3023 shakeyjake3023 Aug 2, 2011 3:11 PM Flag

    Writedown Eagle????

    What's changed is the Eagle divestiture. It looks like AMR is going to keep the debt. And since AMR is in talks with all 3 unions it gets to cry poor me at the bargaining table (making lemonade from lemons).

    There is a reason AMR NEVER broke out financial data on Eagle. It is a money losing operation. Always has been/always will be. They'll get a 3-5 year feed agreement then they will be outbid by another operator and they will disappear into history. AA will recover some percentage of that flying back into the mainline and the feed will be right-sized. About 5-7 years out.

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