Yup, you are.
Jem Finer: "The first draft of it I wrote in some dump in New Zealand when I was feeling particularly lonely, like I was at the end of the earth. I woke up and I wrote a poem which became the basis for the lyrics of the song. It's just the poem rewritten so you can sing the song. (...) Marcia [Jem's wife] grew up living next to that bridge. I can remember one of our early dates, walking very early in the morning past it. I guess that's something that stuck in my mind."
(from Carol Clerk's "Pogue Mahone: The Story Of the Pogues")
Eagles may soar, but weasels don't get sucked into jet engines.