§ American splits jet order between Boeing and Airbus
American Airlines announced plans to split an order for 460 jets between longtime supplier Boeing and European manufacturer Airbus. American ordered 200 737-class jets from Boeing, as well as 260 A320 aircraft from Airbus. "We'll have the youngest fleet among our U.S. peers within five years as a result of this deal," said Tom Horton, the president of American Airlines' parent company. CNNMoney.com (7/20), USA TODAY/The Associated Press (7/20), The New York Times (tiered subscription model) (7/20)
American Airlines announced plans to split an order for 460 jets between longtime supplier Boeing and European manufacturer Airbus. American ordered 200 737-class jets from Boeing, as well as 260 A320 aircraft from Airbus. "We'll have the youngest fleet among our U.S. peers within five years as a result of this deal," said Tom Horton, the president of American Airlines' parent company. CNNMoney.com (7/20), USA TODAY/The Associated Press (7/20), The New York Times (tiered subscription model) (7/20)
§ Republic Airways CEO expects Frontier to be profitable
Bryan Bedford, the president and CEO of Republic Airways, wrote in an e-mail to company employees that he expects Frontier Airlines to be profitable in the second half of 2011, despite losing about $10 million in revenue due to a recent storm. Frontier was forced to cancel numerous flights as 18 of its planes were damaged on July 13 by a hailstorm in Denver. American City Business Journals/Denver (7/19)
Bryan Bedford, the president and CEO of Republic Airways, wrote in an e-mail to company employees that he expects Frontier Airlines to be profitable in the second half of 2011, despite losing about $10 million in revenue due to a recent storm. Frontier was forced to cancel numerous flights as 18 of its planes were damaged on July 13 by a hailstorm in Denver. American City Business Journals/Denver (7/19)
§ AMR announces plans to spin off American Eagle
AMR Corp., the parent company of American Airlines, today announced plans to spin off American Eagle. The regional carrier launched its first flight in 1984 and now has a fleet of about 281 planes. AMR did not offer a timeline for the spinoff. ABC News/The Associated Press (7/20)
AMR Corp., the parent company of American Airlines, today announced plans to spin off American Eagle. The regional carrier launched its first flight in 1984 and now has a fleet of about 281 planes. AMR did not offer a timeline for the spinoff. ABC News/The Associated Press (7/20)
§ American Airlines reports wider loss for Q2
American Airlines reported a loss of $286 million for the second quarter, compared with a loss of $11 million in the same quarter of last year. The loss exceeded analysts' estimates. Meanwhile, American also announced plans to shutter a call center in Dublin. TheStreet.com (7/20), The Irish Times (Dublin) (7/20)
Airlines kick off autumn airfare
salesAmerican Airlines reported a loss of $286 million for the second quarter, compared with a loss of $11 million in the same quarter of last year. The loss exceeded analysts' estimates. Meanwhile, American also announced plans to shutter a call center in Dublin. TheStreet.com (7/20), The Irish Times (Dublin) (7/20)
Los Angeles Times/Daily Travel & Deal blog (7/19)
