Nov
28
Who is American Eagle? The American Eagle network is the largest regional airline system in the world, with over 1,800 daily flights to more than 140 cities throughout the United States, Canada, the Bahamas, the Caribbean and Mexico.
American just released a news statement to everyone stating they are looking to divest their regional airline - American Eagle. What is going to be on the horizon for this new regional or even American? Is American in hurt of money and possibly might be going bankrupt? Investors are saying selling Eagle could help raise the stock price of American. I guess we will have to wait and see, but there is a lot of talk already on the internet from how people are perceiving this news statement.
Mark in DFW from USAtoday Article made this comment:
You know, its ashame that the company and union could not let the employees know about what was going on before we read about it online or through an Email after the fact..
All AMR is doing is dumping their assets so they can declare bankruptcy and tell the pilots, flight attendants, mechanics, and ramp people, all who are in contact talks, that the airline is broke and we can’t give you a raise. Oh and by the way, we are dumping the pension plan so we can compete with Delta , United, and Northwest, all who have just came out of bankruptcy and dumped their pensions and who have lower overhead costs now.
It’s just more of the same at AMR and they wonder why management / worker relations are so bad.
Now it’s your turn to talk! What are your thoughts on this news?
A Dilbert cartoon:
The pointy-haired boss has his laptop open on his lap, mid-flight.
The pilot announces there’s a problem with the ‘plane.
The Boss says: “Err … how do I land this thing in Excel?”.