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Major Changes Planned For AMR's Fleet
AMR Corp.’s fleet is due for a substantial overhaul now that the company’s American Airlines and American Eagle Airlines divisions are under Chapter 11 bankruptcy protection. Fleet plans had already been initiated by AMR, with a major narrowbody upgrade program using both Airbus and Boeing aircraft announced in July and a suspended divestiture of Eagle reducing that airline’s regional jet operations over the next decade. But with yesterday’s filing in the U.S. Bankruptcy Court for the Southern… (www.aviationweek.com) Más...Sort type: [Top] [Newest]
Ken, I sincerely hope you are correct and AA stays away from other Majors.
If Ch 11 is a success there should be no need for outsiders.
If Ch 11 is a success there should be no need for outsiders.
So, who will AA merge with? LAS is taking bets.
I may be wrong, and I am sure there will be rumors, but I don't think there will be any serious overtures until after the bankruptcy is a done deal and that is apt to be a year and a half at best. Everybody else out there, as far as domestic carriers, is about in the same shape. I really can't understand the logic behind the DAL-NWA merger yet and from what I am hearing, some are regretting it.
I bet some Chinese or Indian Billionaire will buy AA to impress his friends. They do things like that a lot these days.
Word is that AA maybe pull out of the O'Hare Hub - market ?
Hopefully, AMR will find a way to dump their union contracts so that the company can slash labor costs. AA is suffering from legacy carrier pension and benefit packages that are unsustainable.