The head of a pilots’ union believes that the parent company of American Eagle Airlines may spin off the regional carrier into a separate company. The new company may have trouble surviving on its own, he speculated.
American Eagle, which currently flies four 64-seat round-trip flights between Tortola and San Juan, Puerto Rico each day, is the territory’s largest capacity carrier to United States destinations. The regional carrier flies more than 1,500 flights a day overall, connecting to American Airlines flights around the world, according to the company’s website.
AMR Corp., the parent company of American Airlines and American Eagle, was scheduled to discuss selling off the company at a meeting yesterday evening in Los Angeles, according to Tony Gutierrez, who heads the American Eagle Airline Pilots’ Association.
See the May 19, 2011 edition for full coverage.