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Getting to Bonaire: American Airlines may spin off Executive Air
Bonaire Talk: Getting to Bonaire: Archives: Archives 1999-2005: Archives - 2002-10-28 to 2003-04-30: American Airlines may spin off Executive Air
Top of pagePrevious messageNext messageBottom of page Link to this message  By Steven Springer on Wednesday, November 6, 2002 - 5:48 pm:     Edit PostPrint Post

Here's the link (for as long as it last):
http://biz.yahoo.com/rc/021106/airlines_american_1.html

And here is a quote that was buried in the news article about American's cost cutting measures:

Separately, AMR said it will spin off regional carrier Executive Airlines in a move that could bring the struggling carrier about $700 million. The company said in a statement, it has signed a letter of intent to sell Executive Air, which operates under the name American Eagle, to Puerto Rican hotelier Joaquin Bolivar. *end quote*

Executive Air is the airline that operates out of San Juan flying the ATR turboprops to Bonaire, Curacao, and Aruba.

 

Top of pagePrevious messageNext messageBottom of page Link to this message  By Steven Springer on Wednesday, November 6, 2002 - 5:50 pm:     Edit PostPrint Post

Here's another link with some more info:

http://biz.yahoo.com/ap/021106/amr_executive_airlines_2.html

 


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