Any news on the Eagle sale/spinoff

[MiAAmi]

Things have been pretty quiet lately. Any word on whats up with Eagle?

 

[WingNaPrayer]

I'm betting AMR's asking price is too high. Who wants to pay for a used up airline with aircraft that have interiors held together with duct tape? She won't sell unless they bargain basement the price and throw in guaranteed feeder traffic for 20 years and give some type of warranty on the tin.

 

[The Goose]

Things have been pretty quiet lately. Any word on whats up with Eagle?

For what it's worth, my bet is Eaglet won't be sold. I really doubt if Eagle was ever for sale.

It would be rather dumb to cede control of the feeder airline to any entity working for the highest bidder.

 

[WingNaPrayer]

You don't suppose they just said it was for sale in an effort to get the stock to climb just in time for the latest bonus sell-out do you?

Hmmmm. Didn't work, did it.

 

[mwa]

pitch book supposed to be out this week

 

[MAH4546]

You don't suppose they just said it was for sale in an effort to get the stock to climb just in time for the latest bonus sell-out do you?

Hmmmm. Didn't work, did it.

Hmmm....that could potentially be illegal and lead to an investigation.

Are you really that stupid? I guess so.

As said, pitch book is coming out shortly. The sale is still on.

 

[WingNaPrayer]

Oh please! Can you say fecitious?

No wonder you're a lowly airline worker! (you asked for it!)

 

[Hercdriver]

What the heck is a pitch book?

 

[will fix for food]

Word is Skywest was interested but AMR had far too many strings attached so they are going after Expressjet instead. The way things are going there are only going to be a few feeder operators left to bid on AMR's flying. Not much competition makes for higher prices. A/A may be paying through the nose soon for what Eagle is doing now.

 

[NewHampshire Black Bears]

Word is Skywest was interested but AMR had far too many strings attached so they are going after Expressjet instead. The way things are going there are only going to be a few feeder operators left to bid on AMR's flying. Not much competition makes for higher prices. A/A may be paying through the nose soon for what Eagle is doing now.

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Which is exactly why, though AMR WANTS to sell A/E,.................the bottom line is, they(most likely) NEVER will !



IMHO

 

[FWAAA]

AMR clearly missed the window on a big payoff for a spinoff/IPO/sale of Eagle. CO perfected the scam a few years ago when it dressed up XJT and took advantage of investors. If Arpey or Horton or any of the others think they're gonna be able to get anything of value NOW for Eagle (ala CO's pillage when it sold XJT), they really are dense. To keep the cliche train moving . . . that ship has sailed.

 

[NewHampshire Black Bears]

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Which is exactly why, though AMR WANTS to sell A/E,.................the bottom line is, they(most likely) NEVER will !



IMHO

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OOps,

Time(I guess) to print a RETRACTION !

AA CFO Horton,.............writes in todays JetNet that,
1. A/E IS for sale,

AND,

Will be "GONE" by years End !


He also stress's BALANCE SHEET...over, and over, and Over again !!!!!!!!
(Think ..."5" BILLION CA$H on hand), and replacing S-80's quickly, but NOT so fast as to do anything $TUPID.

IMHO, that tells me, that Domestic cuts will be the "order of the day", or more to the point,.."the order of the YEAR(s)" (The way this friggin' oil $h1t is going) :down:
Interesting times ahead Kiddies.

This is starting to look like 1980-1983 all over again.

 

[FWAAA]

Eagle may be for sale, but I don't think anyone's gonna pay real money for it.

American Beacon Advisors will bring in $480 million - that's real money - but mutual fund management is a profitable business, so no wonder it could be sold for half a billion. Flying a couple hundred RJs these days is not a profitable endeavor.

Horton says it will be gone by year-end? I predict either a fire-sale price to save face or a simple spin-off to AMR shareholders (which won't bring AMR any money). Either way, it's a stupid plan, IMO.

 

[WingNaPrayer]

The real chuckle would be if AA employees banded together and took it off AMRs hands, and ran it as a competitor against AA.

I know I know I'm laughing out my ass . . . but I'm still laughing!

 

[jj]

I wouldnt be suprised if AX gets thier hands on AE with AAs help.Truth is stranger than fiction-think of the cost diff.