AA Announced Intent to Spin-off AE

Discussion in 'American Airlines | AAdvantage' started by DestinationDavid, Jul 20, 2011.  |  Print Topic

  1. DestinationDavid
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    DestinationDavid Milepoint Guide

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    LINK.

    "AMR Corporation, the parent company of American Airlines, Inc., announced today its intent to move forward with the divestiture of AMR Eagle Holding Corporation ("Eagle"). AMR currently expects the divestiture to take the form of a spin-off of Eagle stock to the shareholders of AMR."

    "A specific time frame for the divestiture has not been announced. The company currently envisions the divestiture as a spin-off, however, it remains open to other options, including a sale, as the transaction moves forward."
     
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  2. MyTravels
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    MyTravels Silver Member

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    It'll be interesting to see if this helps contribute to feeder consolidation.
     

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