Re: Eagle Flying
Alek,
You're statements are somewhat incorrect in regard to the scope issues as well as the RLA act.
Here are some facts:
-Eagle operates under an exception to the scope clause in the AA/APA CBA. I'll send the relevent portions of the contract to you if you'd like them.
-Eagle is up against its contractual ASM limit. While they would like to grow Eagle, they can't. Don Carty publicly aknowledges this and says he will abide by the contract. Every CRJ delivery will trigger the retirement of two turbo-props. You do the math....will that create a need for additional pilots?
-The company already pushed a TA which transferred the CRJ to AA. It was rejected by APA for a number of reasons but the CRJ element was not one of them. So, management has already shown their hand on the CRJ issue.
-If the company chose to openly violate the contract, it would be resolved through an expedited arbitration process. I'm not sure that "asking" APA if they could violate the contract as you suggest will be a legally sound defense. This one is black and white. No need for a slowdown. Also, the 45 mil fine is resolved and Judge Kendall has stepped down and moved to private practice.
-Contrary to your statement, DAL stock is not valued any higher than AMR's. AMR has 16 buy recommendations vs. 13 for DAL. AMR FY02 EPS estimate is 3.14 with a P/E of 7.92 while DAL's is negative 2.42 per share. DAL's market capitalization is 3.6 billion vs. 3.8 billion for AMR.
My Opinion:
-everyone on both lists will ultimately be better off if Eagle operates as part of the APA contract instead of an exception to the APA contract. That doesn't mean their will not be short term negative consequences to some at both airlines if this comes to fruition.
regards,
former Eagle APA pilot (who would have preferred flying the Saab with an AA number while getting contributions to A and B funds even if the pay stayed the same).
alek said:Always remember before AMR goes, public they already made decision.
They are the Company that works behind the closed doors. Just look at the TWA purchase. Personally, I think decision about RJ flying is already made. Eagle will fly RJs, and there will be no more furloughs from Eagle side, only TWA. APA will be against that but what is their choice. If they slow down again, AMR proved that they will lose in court should we say (45 Mil fine that APA has to pay) and AMR Management has GOOD FRIENDS in Washington so there will be no strike.
I think Eagle guys should not be afraid of anything because AMR has to grow Eagle to compete. Just look at the DAL stock. Only reason it is one of the highest ones, is because of ASA, ACA, Comair, Skywest.
As far as American Connection (TSA, Chitaqua..) those days are over. American is already trying to find Airplanes to replace American Connection. Just look at the the History of American, you buy Commuter or you cancel the Contract.
So everybody should relax , there will be no change in RJ flying. APA/TWA pilots are expensive to fly them.
Eagle guys good luck, and enjoy growth for 2-3 years.
ALSO,I WOULD HAVE TO AGREE, WHY WOULD YOU CALL PILOTS BACK IF YOU ARE GOING TO FURLOUGH SOON!
AMR had to aks APA first because looks good in the Media, and also when they go to court over RJ flying. They will say WE ASKED THEM FIRST.
GOOD LUCK TO ALL AND LETS HOPE FOR THE BETTER TIMES IN THE FUTURE.
Alek,
You're statements are somewhat incorrect in regard to the scope issues as well as the RLA act.
Here are some facts:
-Eagle operates under an exception to the scope clause in the AA/APA CBA. I'll send the relevent portions of the contract to you if you'd like them.
-Eagle is up against its contractual ASM limit. While they would like to grow Eagle, they can't. Don Carty publicly aknowledges this and says he will abide by the contract. Every CRJ delivery will trigger the retirement of two turbo-props. You do the math....will that create a need for additional pilots?
-The company already pushed a TA which transferred the CRJ to AA. It was rejected by APA for a number of reasons but the CRJ element was not one of them. So, management has already shown their hand on the CRJ issue.
-If the company chose to openly violate the contract, it would be resolved through an expedited arbitration process. I'm not sure that "asking" APA if they could violate the contract as you suggest will be a legally sound defense. This one is black and white. No need for a slowdown. Also, the 45 mil fine is resolved and Judge Kendall has stepped down and moved to private practice.
-Contrary to your statement, DAL stock is not valued any higher than AMR's. AMR has 16 buy recommendations vs. 13 for DAL. AMR FY02 EPS estimate is 3.14 with a P/E of 7.92 while DAL's is negative 2.42 per share. DAL's market capitalization is 3.6 billion vs. 3.8 billion for AMR.
My Opinion:
-everyone on both lists will ultimately be better off if Eagle operates as part of the APA contract instead of an exception to the APA contract. That doesn't mean their will not be short term negative consequences to some at both airlines if this comes to fruition.
regards,
former Eagle APA pilot (who would have preferred flying the Saab with an AA number while getting contributions to A and B funds even if the pay stayed the same).