American Airlines has unveiled plans to shed its American Eagle regional air service, one of four divisions the carrier is reviewing amid pressure from investors. The announcement comes a month after American revealed it was studying options for American Eagle; its frequent-flyer programme, AAdvantage; its maintenance and repair arm; and American Beacon Advisors, an investment management firm. The airline is working with advisers, including Rothschild, to evaluate plans for each division. American said it planned to complete the split from American Eagle in 2008.

This entry was posted by Gwen Robinson on Thursday, November 29th, 2007 at 5:31 and is filed under Capital markets. Tagged with american airlines. Edit this entry.