In case you have forgotten, before AMR Corporation (AAMRQ) – American Airline’s parent company – entered into Chapter 11 bankruptcy, the company was planning on spinning off its regional airline American Eagle. The spinoff idea emerged after AMR couldn’t find a buyer for the troubled airline which was suffering from many maladies including being...
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The old rumor mill got another one right. AMR Corporation (AMR), American Airline’s (‘AA’) parent company, recently announced its intention to move ahead with a spinoff of American Eagle, its short-haul regional carrier. Eagle, the US’s third largest regional airline (at least based on aircraft operated – it’s fourth in fare-paying passengers), generates revenues...
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