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Old 07-02-2010 | 04:53 PM
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maveric311
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Originally Posted by Superpilot92
"AMR studies letting Eagle leave American's roost
American Airlines rethinks whether to sell or spin off regional carrier American Eagle


David Koenig, AP Airlines Writer, On Friday July 2, 2010, 3:09 pm EDT "

well apparently the associated press is behind the power curve since it was dated today. oh well
Yeah they are:

From Bloomberg

AMR's Eagle Options to Include LBO, Private Equity, Garton Says

AMR Corp. will include private equity and a leveraged buyout among options under consideration for its American Eagle regional airline, Eagle Chief Executive Officer Dan Garton said. Garton has just begun evaluating possibilities for Eagle's future, including leaving it as a wholly owned unit of AMR, the parent of American Airlines. AMR said June 10 it would evaluate the possible divestiture of Eagle, 23 months after taking it off the market. An outright sale, spinoff to AMR shareholders or public offering also are among options being studied, Garton said today in an interview. "We really haven't focused in on any one of those as the right way to go about this," he said. AMR wants to "make sure we don't go blindly down some path. There have been examples of other spinoffs which were done for some sort of a momentary burst. That is not AMR's interest." Garton, who has retained his title as American's executive vice president for marketing, said he would be willing to lead an employee-involved buyout if that "ends up looking like the best solution."
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