Cleared Direct
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- Sep 18, 2002
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Eagle just went to a "fee for departure" agreement with AMR. Eagle was on a pro-rated contract bases with AMR before, and received part of the connecting revenue. Now Eagle gets a fixed payment regardless if the plane is full or no matter how much ticket revenue is generated. This is how most none wholly owned carriers contract with airlines. AMR has been able to blur the money between the carriers to their advantage in the past. Now Eagle will clearly show much larger profits if looked at like a contractor.
This is clearly being done to make AMR look like they are losing more money while at the same time making Eagle look more profitable for a sale of their assets.
Eagle is making money and you will soon see how much every quarter. Eagle emoloyees have already shared enough sacrifice. Eagle will not share in the stock shares that will be attained in the proposed TAs at AA.
The 51+ seat RJs are by no means a contractual right of APA. This is a flat lie. The proposed TA does agree to all future 51+ RJs will be operated by pilots at AA. It proposes a total of 2 years to figure out what to do with the CRJ-700's that are already at Eagle. This includes an agreemnet with ALPA.
Eagle is not the enemy. Get informed.
This is clearly being done to make AMR look like they are losing more money while at the same time making Eagle look more profitable for a sale of their assets.
Eagle is making money and you will soon see how much every quarter. Eagle emoloyees have already shared enough sacrifice. Eagle will not share in the stock shares that will be attained in the proposed TAs at AA.
The 51+ seat RJs are by no means a contractual right of APA. This is a flat lie. The proposed TA does agree to all future 51+ RJs will be operated by pilots at AA. It proposes a total of 2 years to figure out what to do with the CRJ-700's that are already at Eagle. This includes an agreemnet with ALPA.
Eagle is not the enemy. Get informed.