AMR to Divest American Eagle

crashmbern said:
I'm not to worried about Eagle disappearing in the short term. We have about 300 airplanes that feed AA. That cannot just go away overnight. But for the long term I am worried. Just look at expressjet. Except with AMR at the plate I think it would be worse than lossing 69 airplanes. Also if they do sell us will the airplanes be part of the deal? Who knows. I have already been getting the old resume up to date and looking elsewhere, but its hard for me to make a lateral move. Besides some charter stuff no one else will give me the time of day without any PIC, which is still no where in sight at eagle. Only time will tell.
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I feel ya, Adam!

I just got through reading Bowler's last three updates and the timeline (so to speak) is daunting:

1. He announces the TA between APA and ALPA and that Eagle will be able to exercise its option for the additional 25 CRJ-700s;

2. He announces that APA has walked away from the negotiations because they refused to agree that Eagle has the right to exercise the option for the additional CRJ7's; then..

3. He announces that AMR is divesting itself of us.

What that means for me (and you) right now is a no-brainer = we stay and build experience.

What that means for you and me long term.....well, it's exactly like you put it: We could be screwed.

I have just over 2100TT with just shy of 1000 turbine and zero TPIC.

What that gets me is basically hired by another regional - at the bottom - starting over. NetJets, Citationshares, FlexJet...etc. all want a minimum of 2500 TT with an ATP. Hell, Citationshares sent me an e-mail telling me that they are currently hiring FO's with a minimum of 6000TT, and ATP and over 1000 TPIC.

So, who knows?

Guess we just stay where we are - update the resume and see who bites. Proof is in the pudding that it won't be DAL or CAL or any of the other majors.

Time will tell. In the mean time, have fun! :p

R2F
 
ready2fly said:
What that gets me is basically hired by another regional - at the bottom - starting over. NetJets, Citationshares, FlexJet...etc. all want a minimum of 2500 TT with an ATP. Hell, Citationshares sent me an e-mail telling me that they are currently hiring FO's with a minimum of 6000TT, and ATP and over 1000 TPIC.
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Geez........minimum of 6000??!!....wow..:panic:....man, I hope that it all works for you, and all the guys at Eagle.....


Jesse....
 
Murdoughnut said:
Where's that guy that basically told us all to F off because he had been hired with Eagle and was expecting flow through (and wasn't keen on any criticism of Eagle whatsoever)?
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I'm here, and I already apologized for said outburst.

I was surprised as anybody at the sale.

This oughta be interesting.
 
Firebird2XC said:
I'm here, and I already apologized for said outburst.

I was surprised as anybody at the sale.

This oughta be interesting.
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Out of the frying pan - into the fire?

I was looking up some info too. Why don't senior Captains want to move on? Captain pay at Eagle is nothing compared to what a Major would get you. Is there something I'm missing?
 
Folks, if the possibility of AMR selling Eagle scares you, you're certainly in the wrong business! Tear down the glossy full-page magazine ad in Flying on your wall and pick up
the telephone and call TruckMasters, LLC! :)

Seriously.
 
crashmbern said:
I'm not to worried about Eagle disappearing in the short term. We have about 300 airplanes that feed AA. That cannot just go away overnight. But for the long term I am worried. Just look at expressjet. Except with AMR at the plate I think it would be worse than lossing 69 airplanes. Also if they do sell us will the airplanes be part of the deal? Who knows. I have already been getting the old resume up to date and looking elsewhere, but its hard for me to make a lateral move. Besides some charter stuff no one else will give me the time of day without any PIC, which is still no where in sight at eagle. Only time will tell.
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I'd expect them to sell the company but keep the planes, so they always have a boot on your neck.

Much like CAL did to XJT, like Delta has done to SKYW (900's), Comair and ASA!

Makes it much easier for a whipsaw...lower your rates or were transferring planes...
 
stillageek said:
Funny how everyone sees Eagle as a sinking ship since it's being spun off. Eagle had $2.3 billion in revenue last year. They have a huge fleet of modern planes. The CRJs and ERJs are fairly new. The Saabs are older...but they sip gas. The ATR's are the only "old" planes in the fleet. How many naysayers were around when Expressjet was spun off? Look at them now. With the number of pilots and planes in the fleet American Eagle could easily fly for another carrier. This will also free them up to buy more CRJ-700s without having to ask AMR's and APA's permission. This will allow Eagle to offer to fly more 700s for American just like AMR wants. Those choosing to cancel interviews are foolish. Eagle can easily grow from this.
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Not exactly. Eagle can barely cover the flying American wants now. In fact, it cut the lines for December back because of a shortage of available pilots.

I spent a good long while talking with some veteran Eagle types at work tonight.

Seems there's a whole lot more in the works at AMR than just liquidating their interests in Eagle for a cheaper way.

At this point, the only real way to see what's going to happen with this is to wait.
 
Airdale said:
Dude....should I cancel my interview at Eagle? The long upgrade time is already tough to swallow about a job prospect there, but if there's no hope its going to come down, I might be better off getting bent over by CJC and get my fourth stripe in a year or so.

Oh what to do.......:rolleyes:
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Man, you know you're my bro, but you're starting to make me scratch my head alot. You go back and forth more than a lawn sprinkler.
 
ready2fly said:
I have just over 2100TT with just shy of 1000 turbine and zero TPIC.

NetJets, Citationshares, FlexJet...etc. all want a minimum of 2500 TT with an ATP. Hell, Citationshares sent me an e-mail telling me that they are currently hiring FO's with a minimum of 6000TT, and ATP and over 1000 TPIC.
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Someone tell me again about this pilot shortage thing.....FI is full of people who can't get a callback at the fracs.

Seriously. Good luck R2F, I hope things work out for the best. Time will tell.
 
Airdale said:
Out of the frying pan - into the fire?

I was looking up some info too. Why don't senior Captains want to move on? Captain pay at Eagle is nothing compared to what a Major would get you. Is there something I'm missing?
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We've got a captain going through recurrent after a 3 year leave of absence in my class.

Why is he still where he is? Between flow-ups and flow-downs, it's partly where he ended up. After that, starting over as a right seater on the bottom end of the mainline payscale and seniority list just doesn't appeal.

Basically, they like their rut. It's not the greatest, but it beats being the new kid again. Alot of the older guys have alot more in life invested in their present situation that just time at the company, too.

At this point there's not much I can do about it. It'll be entertaining, however it goes.

Still beats getting shot at. :D
 
Airdale, go to the interview. Staying at Colgan to get that fourth stripe based on what you've told is might put you in the hospital with a stroke or a heart attack. :)

Here's an interesting thing: they might ditch American Eagle and go with Executive. Odds are American won't let them keep that half of the name, so I guess they could just go with "Eagle." Or they might come up with something totally different like XJT did when they were no longer "Continental Express."
 
Doug Taylor said:
Folks, if the possibility of AMR selling Eagle scares you, you're certainly in the wrong business! Tear down the glossy full-page magazine ad in Flying on your wall and pick up
the telephone and call TruckMasters, LLC! :)

Seriously.
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That is the name of game folks, welcome to aviation...and oh yeah, JB Hunt is paying .41 a mile now...woohoo!!!
 
stillageek said:
Funny how everyone sees Eagle as a sinking ship since it's being spun off. Eagle had $2.3 billion in revenue last year. They have a huge fleet of modern planes. The CRJs and ERJs are fairly new. The Saabs are older...but they sip gas. The ATR's are the only "old" planes in the fleet. How many naysayers were around when Expressjet was spun off? .
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1. The experts believe you can't make money with RJs unless your subsidized by coded flying. XJT is still mostly coded.

2. If what I saw today is any indication of XJT's branded flying, they're in trouble. ERJ lands, 11 passengers get off, 6 get on, ERJ departs. How much did they lose operating that flight.

3. Unless part of the Eagle spinoff is continued coded flying with AA, a more valid comparison would be FlyI. They'll be out of business within a year.
 
Airdale said:
Out of the frying pan - into the fire?

I was looking up some info too. Why don't senior Captains want to move on? Captain pay at Eagle is nothing compared to what a Major would get you. Is there something I'm missing?
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Yeah. You don't go from the Regional Capt. seat to a major Capt. seat. You've got to be an F/O first. And F/O pay is a LARGE cut from Regional Capt. pay.

There are a lot of guys who don't see the benefit of backtracking for 8-10 years. That's a lot of lost money they may never make up.
 
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