Originally Posted by acf573
Why do your base your expenses estimate off of a number including Eagle but your ASM on a number excluding Eagle? In their Q3 10-Q they say $5.5bn in expenses, $650M in expenses related to regional carriers, so $4.85bn in net expenses. This works out to 10.6 CASM. They had 3.3bn regional seat miles which works out to about 20 CASM on those operations.
My mistake. Being in a hurry, I didn't scroll down far enough in the 10-Q. I have adjusted the numbers accordingly. Good catch!