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American Airlines Places Orders for 220 Regional Jets from Bombardier and Embraer
American Airlines, which merged with US Airways earlier this week to become the world’s largest carrier, announced plans to purchase up to 220 new regional jets from two aircraft manufacturers, Bombardier and Embraer. The airline plans to use them to replace its less efficient 50-seat planes. (www.frequentbusinesstraveler.com) المزيد...Sort type: [Top] [Newest]
Amway will also be importing pilots from China to fly'em. Have fun with that.
American is boosting their fleet. They won't remain the largest airline long with their current route structure. I look for a major expansion into Africa. World demand for energy is expanding at an exponential rate. The oil patch (Texas) where American is headquartered has their eye on the African plateau. There be hydrocarbons in them thar hills. The lack of real roads and lack of civil stability means short hop air transport is the only way to move about the area. Look for 20 daily flights from Timbuktu.
I'm still baffled that they can spend money and that Horton is going to walk away with a $16,000,000 package.
I am no Wall Street wizard, but even I can read an income statement. From 2008 to 2012 they went bankrupt and LOST more than $8,000,000,000 dollars. Billion. Lost. And he gets to walk away from that AND take a fat check. And Crandall up there grinning and ringing the bell. Crooks... all of them.
I am no Wall Street wizard, but even I can read an income statement. From 2008 to 2012 they went bankrupt and LOST more than $8,000,000,000 dollars. Billion. Lost. And he gets to walk away from that AND take a fat check. And Crandall up there grinning and ringing the bell. Crooks... all of them.
Well, he negotiated that contract, told them it would be bankruptcy if he took the job. Stock price is up, buku's of folks are furloughed, bunches of destinations are cut, and it is really but a shell of it's former self. Crandall wanted more money put in it and didn't want to file BR. Shall we call it corporate greed and piss on the workers that built it?
And I think Horton's package is $17 million.
And I think Horton's package is $17 million.
Grand Theft!
It's interesting that they're putting more F seats (12) on these regional jets than they are on their new A319 mainline equipment (only 8 in First Class). The 319s are replacing MD80s with 16 seats in F on a lot of medium-haul routes, and suddenly, upgrades are becoming nearly extinct.