Eagle Pilots Warn that Breaking Up American Eagle Would Harm Employees And Passengers

[siucavflight]

Yes, my point was that if we were spun off and we went into bankruptcy, our contract would be renegotiated.

Yes, if we were to go bankrupt then that may happen. But we are too profitable for a judge to allow that too happen. The new bankruptcy laws make things a little harder on those who declare bankruptcy.

 

[Yodafly]

This is the airline world where protection is always one sided........MAIN LINE or regional I wonder which one alpa will back

I know its a tough one.......

 

[rtmcfi]

This is the airline world where protection is always one sided........MAIN LINE or regional I wonder which one alpa will back

I know its a tough one.......

Perhaps it would be a tough one if AMR mainline was ALPA, or if Eagle was APA. But you already knew that right?

 

[siucavflight]

This is the airline world where protection is always one sided........MAIN LINE or regional I wonder which one alpa will back

I know its a tough one.......

I am sure that you know that Eagle is ALPA, and AA is APA. So yes I do know in this case which one they will back.

 

[DoinTime]

Yes, my point was that if we were spun off and we went into bankruptcy, our contract would be renegotiated.

If AMR spun Eagle off and they plunged straight into bankruptcy the SEC would ensure that lots of executives went to prison.

As part of any IPO with an intent to sell at a good price there would have to be assurances that it was a healthy company. A healthy company with guaranteed profit does not just plunge into bankruptcy court. It would take AMR going into bankruptcy as well as several other "perfect storm" factors to all happen at once.

 

[eaglefly]

Yes, my point was that if we were spun off and we went into bankruptcy, our contract would be renegotiated.

Sectiom 6 contract negotiations usually last a couple of years. The completion of the spinoff to trigger those negotiations would be sometime in the later half of '09. Don't look for any new contractual terms until at least the Summer of 2011, unless they're favorable for Eagle pilots.

 

[bogey383]

The apa wants all flying any american airlines or feed carrier to be done by american airlines pilots.. with that being said it is possible for them to want to merge the seniority list to prevent us from being sold. thus preventing regional carriers from flying 70 to 90 seat jets under the american connection brand. it is possible that if we merged into one list then eagle could execute its options for more crjs. or get emb to make it a 70 seat jet that would fit aa's scope. lord knows emb gave us plug type doors and and a 35, 44, 50, seat jets just for us. who knows..i can tell you one thing the atrs are sure getting tired.