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Originally Posted by babs
(Post 1138919)
I don't know if this has been posted anywhere, but this seems to confirm that the ATR will in fact be gone by the end of 2013.
Pulled this from AMR's 10-K filing: In accordance with Section 1110 of the Bankruptcy Code, the Company is currently negotiating with creditors and lessors to restructure certain of its existing financings to reduce its debt burden and optimize its fleet. As of December 31, 2011, the Company had rejected 24 aircraft leases relating to 20 MD-80 aircraft and four Fokker 100 aircraft. In addition, since December 31, 2011, the Company has rejected an additional 9 aircraft leases and mortgages relating to one MD-80 aircraft, seven Boeing 757-200 aircraft, and one Airbus A300-600R aircraft. In addition, the Company filed a motion with the Bankruptcy Court to modify the leases of the Super ATR aircraft. As of February 15, 2012, 21 of the aircraft had been returned to the lessor as allowed under the modified agreement. The remaining 18 aircraft will be returned to the lessor during 2012 and 2013. In January 2012, American entered into agreements under Section 1110(a) of the Bankruptcy Code to retain 350 aircraft, including Boeing 737-800, Boeing 757-200, Boeing 767-300ER, Boeing 777-200ER, Bombardier CRJ-700, and McDonnell Douglas MD-80 aircraft on the terms provided in the related financing documents. |
Originally Posted by DENpilot
(Post 1139019)
So, the EMBs are gone too? It says they're retaining 350 aircraft...
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Originally Posted by babs
(Post 1139025)
No, the lease terms on the EMBs are still being negotiated. The 350 aircraft they are retaining are the ones they have elected to keep so far. The rest have yet to be negotiated...if my understanding is correct.
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Originally Posted by DENpilot
(Post 1139019)
So, the EMBs are gone too? It says they're retaining 350 aircraft...
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Originally Posted by jumpseat2024
(Post 1139069)
The way it's written does make it sound a little gray..could be taken either way really...but my guess is they're still trying to work out everything down in Brazil...
http://english.alrroya.com/content/a...l-jets-embraer UPDATE 1-American Airlines in talks over Brazil debt - report | Reuters http://www.amrcaseinfo.com/pdflib/1200_15463.pdf This information has also been shared with employees by the company. They have stated they are negotiating the ERJ leases and will be looking to properly size the regional feed. Until APA signs a TA we will probably not hear anymore information. |
Yes I've heard the same thing about the flaps 22 T/O. Heard MIA base would be trained first & it would probably be a captain only maneuver. Don't know about any timelines though.
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I hear it's mainly just for Key West.
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Originally Posted by jumpseat2024
(Post 1139069)
they're still trying to work out everything down in Brazil...
...not much negotiation during carnival week!!! |
Originally Posted by meeko031
(Post 1139515)
...not much negotiation during carnival week!!!
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Miami ATR base.... gone.
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