American Eagle Announces Sale of Executive Airlines
Nov 6, 2002, 7:23 am
#1
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American Eagle Announces Sale of Executive Airlines
American Eagle Announces Sale of Executive Airlines
American Eagle Airlines today announced that it has signed a letter of intent to proceed with the sale of Executive Airlines. Executive currently operates as American Eagle out of its hubs in Miami and San Juan, providing service to destinations throughout Florida, the Caribbean and the Bahamas. The sale is expected to close near the end of first quarter 2003.
http://biz.yahoo.com/prnews/021106/daw023_1.html
American Eagle Airlines today announced that it has signed a letter of intent to proceed with the sale of Executive Airlines. Executive currently operates as American Eagle out of its hubs in Miami and San Juan, providing service to destinations throughout Florida, the Caribbean and the Bahamas. The sale is expected to close near the end of first quarter 2003.
http://biz.yahoo.com/prnews/021106/daw023_1.html
Nov 6, 2002, 7:38 am
#2
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Was AA really that close to the SCOPE cap, or was there another underlying reason. For example, do they just want to add some RJ's on mainline routes?
Nov 6, 2002, 8:34 am
#3
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<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by millionmiler:
Was AA really that close to the SCOPE cap, or was there another underlying reason. For example, do they just want to add some RJ's on mainline routes?</font>
Was AA really that close to the SCOPE cap, or was there another underlying reason. For example, do they just want to add some RJ's on mainline routes?</font>
See:
www.amrcorp.com/news/july02/17_eagle.htm
Will AE replace mainline jets with RJs? Of course they will. So will every other airline, save WN.
[This message has been edited by FWAAA (edited 11-06-2002).]
Nov 6, 2002, 8:48 am
#4
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<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by FWAAA:
Will AE replace mainline jets with RJs? Of course they will. So will every other airline, save WN.</font>
Will AE replace mainline jets with RJs? Of course they will. So will every other airline, save WN.</font>
Nov 6, 2002, 1:37 pm
#5
Join Date: Nov 2001
Location: San Jose, CA, USA
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I applaud this move -- AA really has little or no better options under the current situation (and until / unless some type of agreement is reached with the pilots to relax the ASM cap).
Sure, it might mean some more replacements of mainline service with RJ service... or it could mean restoration of some discontinued mainline service as RJ service. Either way, it helps the bottom line, which if you care about AA, you have to see as a good thing at this juncture.
AA Forever. WN Never. (Nor B6 for that matter)
Nov 6, 2002, 1:39 pm
#6
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(edited to delete duplicate)
[This message has been edited by verhalen (edited 11-06-2002).]
Nov 6, 2002, 6:56 pm
#7
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I see that after the sale the business will operate as an American Connection franchise. Does anyone know if that has any effect on qualifying miles calculations or will the transaction be neutral from the point of view of earning/spending miles on those routes?
Nov 6, 2002, 8:51 pm
#8
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American Eagle Pilots Outraged at Eagle's Announced Intent to Sell Executive Airlines
http://biz.yahoo.com/prnews/021106/dcw054_1.html
http://biz.yahoo.com/prnews/021106/dcw054_1.html
Nov 6, 2002, 10:11 pm
#9
Join Date: Apr 2001
Location: PIT/DFW/MEL; AA Exec. Platinum & 4MM, QF WP
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<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by becket5:
I see that after the sale the business will operate as an American Connection franchise. Does anyone know if that has any effect on qualifying miles calculations or will the transaction be neutral from the point of view of earning/spending miles on those routes?</font>
I see that after the sale the business will operate as an American Connection franchise. Does anyone know if that has any effect on qualifying miles calculations or will the transaction be neutral from the point of view of earning/spending miles on those routes?</font>
Nov 25, 2002, 5:56 pm
#10
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<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by doc:
American Eagle Pilots Outraged at Eagle's Announced Intent to Sell Executive Airlines
</font>
American Eagle Pilots Outraged at Eagle's Announced Intent to Sell Executive Airlines
</font>
Evidently there's been a reprieve, temporarily. According to the APA web site, AA and APA have agreed to a temporary delay of the sale, pending negotiations. AA delays the sale, and in return APA agrees not to look at MIA and SJU's eagle ASM overages.
makes one feel sorry for those poor crew in MIA and SJU who don't know whether to transfer out or what...