Gerard Arpey announces flights realignments coming
Sep 17, 2009, 5:36 am
#1
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Gerard Arpey announces flights realignments coming
Sept. 17 (Bloomberg) -- "AMR Corp., whose American Airlines is the world’s second-largest carrier, said it obtained a total of $2.9 billion in additional liquidity and new aircraft financing, announced plans to strengthen its network by reallocating capacity to hubs in Dallas/Fort Worth, Chicago, Miami and New York, and will enhance its fleet to better serve customers. (etc.)"
"AMR Corporation, the parent company of American Airlines and American Eagle, today announced a series of actions that will better position it to meet the industry’s near-term economic challenges while continuing to build on its foundation and strategy for long-term success. The highlights of the announcement include:
A total of $2.9 billion in additional liquidity and new aircraft financing was obtained. The $2.9 billion consists of: $1.3 billion in new liquidity, including $1 billion in cash from the advance sale of AAdvantage ™ frequent flyer miles to Citibank and $280 million in cash under a loan facility from GE Capital Aviation Services (GECAS) secured by owned aircraft; and $1.6 billion in sale-leaseback financing commitments from GECAS for Boeing 737s previously ordered by the Company.
American selected GE’s GEnx-1B 74/75 engine for American’s future 787 deliveries.
Eagle plans to add a First Class cabin to its fleet of 25 Canadair CRJ-700 regional jets and also signed a letter of intent with Bombardier, Inc. to exercise options for the purchase of 22 additional CRJ-700s for delivery beginning in the middle of 2010.
American and Eagle are refocusing their collective network strategy to eliminate unprofitable flying and reallocate resources to hubs in Dallas/Fort Worth, Chicago, Miami and New York. These four cities, along with Los Angeles, serve as the cornerstones of the Company’s network and allow the airlines to build on previous investments.
The network adjustments position the company’s combined network to benefit from important feed and global synergies from American’s planned Joint Business with British Airways, Iberia, and other oneworld partners.
The highlights of the network adjustments include:
"AMR Corporation, the parent company of American Airlines and American Eagle, today announced a series of actions that will better position it to meet the industry’s near-term economic challenges while continuing to build on its foundation and strategy for long-term success. The highlights of the announcement include:
A total of $2.9 billion in additional liquidity and new aircraft financing was obtained. The $2.9 billion consists of: $1.3 billion in new liquidity, including $1 billion in cash from the advance sale of AAdvantage ™ frequent flyer miles to Citibank and $280 million in cash under a loan facility from GE Capital Aviation Services (GECAS) secured by owned aircraft; and $1.6 billion in sale-leaseback financing commitments from GECAS for Boeing 737s previously ordered by the Company.
American selected GE’s GEnx-1B 74/75 engine for American’s future 787 deliveries.
Eagle plans to add a First Class cabin to its fleet of 25 Canadair CRJ-700 regional jets and also signed a letter of intent with Bombardier, Inc. to exercise options for the purchase of 22 additional CRJ-700s for delivery beginning in the middle of 2010.
American and Eagle are refocusing their collective network strategy to eliminate unprofitable flying and reallocate resources to hubs in Dallas/Fort Worth, Chicago, Miami and New York. These four cities, along with Los Angeles, serve as the cornerstones of the Company’s network and allow the airlines to build on previous investments.
The network adjustments position the company’s combined network to benefit from important feed and global synergies from American’s planned Joint Business with British Airways, Iberia, and other oneworld partners.
The highlights of the network adjustments include:
- Add 57 additional daily flights at Chicago O’Hare, 12 new domestic and 3 new international destinations, for a total of 487 total daily departures to 114 markets.
- Add 19 additional daily flights at DFW, one new international destination, results in 780 total daily departures to 160 destinations.
- Add 7 new departures to 3 new domestic and 3 new international destinations at JFK; 2 additional daily flights at LaGuardia, for nearly 200 total daily departures from New York.
- Add 23 daily flights to 2 new destinations, 294 total daily departures to 108 markets from Miami.
- Start 3 new daily flights from Fargo, ND to Chicago, IL.
- Start 2 daily flights from Chicago to Rapid City, SD (seasonal only) and 3 daily flights to Sioux Falls, SD.
- Add 2 daily flights from Charleston, WV to Chicago, IL.
- Begin 2 daily flights from Birmingham, Alabama to Miami, FL.
- Start 3 daily flights from Allentown, 2 daily flights from Wilkes-Barre/Scranton, 3 daily flights from Harrisburg, and 3 additional flights from Pittsburgh all to Chicago.
Last edited by JDiver; Sep 17, 2009 at 10:14 am Reason: changes to start new thread
Sep 17, 2009, 6:03 am
#2
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http://aa.mediaroom.com/index.php?s=43&item=2729
American Eagle announced plans to enhance its fleet. Eagle plans to add a First Class cabin to its fleet of 25 Bombardier CRJ700 regional jets and also signed a letter of intent with Bombardier, Inc. to exercise options for the purchase of 22 additional CRJ700 aircraft for delivery beginning in the middle of 2010. The new CRJ700 aircraft will be fully financed.
Chicago
The Company will add 57 daily flights at O'Hare International Airport for a total of 487 daily departures. Customers will have access to 12 new domestic destinations and three new international destinations.
American has reaffirmed its commitment to Chicago as its primary Asia gateway and will start new service to Beijing, China in Spring 2010. Other new destinations will include mainline service to Honolulu; Anchorage, Alaska; and Vancouver, British Columbia. Eagle will offer new service to Calgary, Alberta; Allentown, Pa.; Scranton-Wilkes Barre, Pa.; Charleston, W.Va.; Dayton, Ohio; Fargo, N.D.; Sioux Falls, S.D.; Jacksonville, Fla.; Lexington, Ky.; Harrisburg, Pa.; and Rapid City,S.D.
In addition, another service enhancement at O'Hare will occur as Eagle deploys most of its 25 CRJ700 aircraft, which will be reconfigured to offer a First Class cabin, in the Chicago market.
New York and Los Angeles
JFK will expand service to six new destinations, three international and three domestic. New mainline service includes Madrid, Spain; Manchester, England; San Jose, Costa Rica; and Austin, Texas. Eagle will introduce service to Columbus, Ohio and St Louis. Overall, JFK daily departures will grow by seven to 96, while two daily flights will be added at LaGuardia Airport. Combined, American and Eagle will offer nearly 200 daily flights at JFK and LaGuardia.
At Los Angeles, American and Eagle will add two daily flights for a total of 129. The Company's commitment to Los Angeles also complements its relationship with oneworld partners, which also have a significant presence in that market.
Dallas/Fort Worth
The Company remains committed to its largest hub and will add 19 daily departures for a total of 780. The increase will consist of 17 mainline jet departures. In addition, service to San Salvador, El Salvador will be re-instated after a two-year hiatus, bringing total non-stop destinations from DFW to 160.
Miami
At Miami, American and Eagle will add 23 additional flights for 294 total daily departures. Including changes that will take place by the end of 2009, Miami will serve four new domestic and three new international destinations. They are Birmingham, Ala.; Charleston, S.C.; Pensacola, Fla.; and Knoxville, Tenn., as well as North Eleuthera, Governors Harbour and Treasure Cay in the Bahamas.
St. Louis and Raleigh/Durham,N.C.
As a result of the Company's network strategy, American and its regional affiliates plan to reduce operations at St. Louis and Raleigh/Durham. At St. Louis, they will reduce daily departures by 46 and discontinue service to 20 destinations. After the reductions, American and Eagle will provide 36 departures per day to nine destinations.
In Raleigh/Durham, service to three destinations will be discontinued and a total of nine departures will be eliminated. Raleigh/Durham will continue to provide service to eight destinations with 44 departures per day.
The Company will add 57 daily flights at O'Hare International Airport for a total of 487 daily departures. Customers will have access to 12 new domestic destinations and three new international destinations.
American has reaffirmed its commitment to Chicago as its primary Asia gateway and will start new service to Beijing, China in Spring 2010. Other new destinations will include mainline service to Honolulu; Anchorage, Alaska; and Vancouver, British Columbia. Eagle will offer new service to Calgary, Alberta; Allentown, Pa.; Scranton-Wilkes Barre, Pa.; Charleston, W.Va.; Dayton, Ohio; Fargo, N.D.; Sioux Falls, S.D.; Jacksonville, Fla.; Lexington, Ky.; Harrisburg, Pa.; and Rapid City,S.D.
In addition, another service enhancement at O'Hare will occur as Eagle deploys most of its 25 CRJ700 aircraft, which will be reconfigured to offer a First Class cabin, in the Chicago market.
New York and Los Angeles
JFK will expand service to six new destinations, three international and three domestic. New mainline service includes Madrid, Spain; Manchester, England; San Jose, Costa Rica; and Austin, Texas. Eagle will introduce service to Columbus, Ohio and St Louis. Overall, JFK daily departures will grow by seven to 96, while two daily flights will be added at LaGuardia Airport. Combined, American and Eagle will offer nearly 200 daily flights at JFK and LaGuardia.
At Los Angeles, American and Eagle will add two daily flights for a total of 129. The Company's commitment to Los Angeles also complements its relationship with oneworld partners, which also have a significant presence in that market.
Dallas/Fort Worth
The Company remains committed to its largest hub and will add 19 daily departures for a total of 780. The increase will consist of 17 mainline jet departures. In addition, service to San Salvador, El Salvador will be re-instated after a two-year hiatus, bringing total non-stop destinations from DFW to 160.
Miami
At Miami, American and Eagle will add 23 additional flights for 294 total daily departures. Including changes that will take place by the end of 2009, Miami will serve four new domestic and three new international destinations. They are Birmingham, Ala.; Charleston, S.C.; Pensacola, Fla.; and Knoxville, Tenn., as well as North Eleuthera, Governors Harbour and Treasure Cay in the Bahamas.
St. Louis and Raleigh/Durham,N.C.
As a result of the Company's network strategy, American and its regional affiliates plan to reduce operations at St. Louis and Raleigh/Durham. At St. Louis, they will reduce daily departures by 46 and discontinue service to 20 destinations. After the reductions, American and Eagle will provide 36 departures per day to nine destinations.
In Raleigh/Durham, service to three destinations will be discontinued and a total of nine departures will be eliminated. Raleigh/Durham will continue to provide service to eight destinations with 44 departures per day.
Sep 17, 2009, 6:22 am
#3
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Commence the complaining posts re: STL/RDU to begin in 5...4...3...2...
Regards
Regards
Sep 17, 2009, 6:26 am
#4
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As an ORD-based flyer I am certainly excited to see some new routes, particularly YVR. It is a bit sad to see the further reductions in STL as I found it to often be a good jump off point compared to the craziness at ORD. I selfishly hope this will not impact the AC in STL...
Sep 17, 2009, 6:30 am
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As an ORD-based flyer I am certainly excited to see some new routes, particularly YVR. It is a bit sad to see the further reductions in STL as I found it to often be a good jump off point compared to the craziness at ORD. I selfishly hope this will not impact the AC in STL...
Sep 17, 2009, 6:38 am
#6
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Still trying to figure out how Charleston, Wilkes-Barre/Scranton and Allentown get Chicago service while IAD doesn't. Talk about conceding a market to UAL.
Sep 17, 2009, 6:54 am
#7
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AA said they were going to focus on profitable routes. I don't see how flying to IAD from ORD would work for AA since their only main flight from IAD is LAX. The 3 areas you listed serve AA's purpose of increasing their hub presence at ORD.
Sep 17, 2009, 7:06 am
#8
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Well I'm certainly pleased with more flights in/out of JFK. Now if I could only convince them to fly AE between SMF and LAX, but on a scale of 1 to Not Gonna Happen..
Sep 17, 2009, 7:07 am
#9
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THE RETURN OF ORD-HNL-ORD! We'll finally be able to get some sleep eastbound again! Yay! (the DFW flights can be torture because they aren't long enough for real sleep between meal services)
I'm also LOVING the idea of JFK-MAD-JFK. I think AA is making a great move by expanding its presence at MAD (now serving MIA, DFW, and soon JFK). With the OW partner IB being based there, I can see AA gradually transitioning the FRA traffic over to MAD so as to feed more into OW partners. (By contrast, FRA has no major oneworld presence...it's all star alliance.)
(Of course, AA could withdraw any of these "forward-looking statements" at any time... and there is something of a precedent of announcing service and then not actually operating it when the time comes.)
I'm also LOVING the idea of JFK-MAD-JFK. I think AA is making a great move by expanding its presence at MAD (now serving MIA, DFW, and soon JFK). With the OW partner IB being based there, I can see AA gradually transitioning the FRA traffic over to MAD so as to feed more into OW partners. (By contrast, FRA has no major oneworld presence...it's all star alliance.)
(Of course, AA could withdraw any of these "forward-looking statements" at any time... and there is something of a precedent of announcing service and then not actually operating it when the time comes.)
Sep 17, 2009, 7:08 am
#10
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ABE Service
ABOUT TIME!
I am a CO Plat-UA GS/1K, and with CO joining *A, wanted to find a second alliance. I JUST FOUND IT!
Now-how much reading I will have to find out how to work AA and all about EXP!! Woohoo!
I am a CO Plat-UA GS/1K, and with CO joining *A, wanted to find a second alliance. I JUST FOUND IT!
Now-how much reading I will have to find out how to work AA and all about EXP!! Woohoo!
Sep 17, 2009, 7:14 am
#11
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For ORD based fliers, there is a lot of good news in the appearent retrenchment of the hub. It looks like they plan to fill up the L concourse after DL moves. FC on the CRJs is especially surprising and welcome!
Sep 17, 2009, 7:16 am
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"We're funding these additions by pulling down capacity in less profitable markets"
Sep 17, 2009, 7:18 am
#13
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Also, I find the CR7 F announcement thrilling - if only about 4 years over due.
Sep 17, 2009, 7:36 am
#14
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Well, for all the "complaining posts" that float around here, I think cutting service to TWENTY destinations from STL, leaving only nine, earns the right for those affected to "complain" with full sympathy due from all.
Sep 17, 2009, 7:38 am
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Mike