American Eagle Could Still Be Spinoff Target After Merger | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Most Recent Daily Airborne

Airborne On ANN

Airborne On YouTube/Hi-Def/Mac Friendly

Monday

Airborne 01.26.15

Airborne 01.26.15

Tuesday

Airborne 01.27.15

Airborne 01.27.15

Wednesday

Airborne 01.28.15

Airborne 01.28.15

Thursday

Airborne 01.29.15

Airborne 01.29.15

Friday

Airborne 01.30.15

Airborne 01.30.15

Wed, Feb 20, 2013

American Eagle Could Still Be Spinoff Target After Merger

CEO Says New Aircraft Fleet Plan Is A 'Priority'

The CEO of American Eagle says that a fleet of new regional aircraft is a top priority for the regional carrier that he knows is still a spinoff target should American and US Airways complete a planned merger.

While most mainline carriers have pushed their feeder business to stand-alone commuter airlines such as Republic Airways Holdings or Sky West, American Eagle is still owned by American, and is the largest regional airline still owned by a U.S. Network airline. American Eagle accounts for 95 percent of the passengers being fed onto the mainline carrier's flights through commuter airlines.

The Wall Street Journal reports that, under the terms of the merger, US Airways' commuter carriers PSA Airlines and US Airways Express would initially remain as separate entities, but all regional flying would eventually come under the American Eagle brand. American Eagle CEO Dan Garton said that a spinoff of American Eagle is still possible, but "down the road." While he has long been a proponent of severing the regional carrier from the larger American, he said that his top priority now is to move away from the 37-50 seat jets to larger models.

Garton said that there are "way too many" of the smaller, less efficient jets flying for American Eagle at this time, and they are losing money flying them on many routes. The carrier's contract with its pilots' union already allows them to fly airplanes with up to 76 seats.

FMI: www.aa.com


Advertisement

More News

Citizen Scientists Lead Astronomers To Mystery Objects In Space

'Yellow Balls' Discovered By Volunteers Studying Spitzer Images Sometimes it takes a village to find new and unusual objects in space. Volunteers scanning tens of thousands of star>[...]

Aero-News: Quote Of The Day (02.01.15)

"While this star formed a long time ago, in fact before most of the stars in the Milky Way, we have no indication that any of these planets have now or ever had life on them. At th>[...]

ANN's Daily Aero-Term (02.01.15): Final Approach Fix

Final Approach Fix The fix from which the final approach (IFR) to an airport is executed and which identifies the beginning of the final approach segment. It is designated on Gover>[...]

Air Ambulance Market Size, Vendor Landscape Analyzed In New Report

New Global Air Ambulance Research Report Shows Projected Growth Of Nearly Ten Percent The Global Air Ambulance market is expected to grow at a CAGR (Compound Annual Growth Rate) of>[...]

US Navy Approves F/A-18 IRST System For Production

Long-Range Sensor System Demonstrated Production Readiness On Super Hornet The F/A-18 Super Hornet infrared search and track (IRST) system, developed and integrated by Boeing and L>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2015 Web Development & Design by Pauli Systems, LC