Aviation News

January 13, 2012

Final Call: Handicapping the Suitors of American as Airline Threatens to Scrap Pensions and Drops More Leases

Photo of the Day: Passengers board an Air China Airbus A340-300 (B-2385) for the evening service to Beijing. (Photo by Gordon Gebert Jr.)

• At least three potential bidders for American Airlines have emerged, but they’re not all created equal. Associated Press writer David Koenig runs down the hurdles faced by Delta Air Lines, US Airways and TPG Capital should any of them actually attempt to buy the bankrupt carrier. [Associated Press, via Yahoo]

• American Airlines today told the bankruptcy court that it wants to reject additional aircraft leases: 10 Boeing 757s, six MD-80s and one Airbus A300. Most of them are currently parked in the desert. [Star-Telegram Sky Talk]

• The head of the federal agency in charge of overseeing corporate pensions blasted comments by an American Airlines bankruptcy lawyer, who suggested the company may follow the example of earlier airline bankruptcy proceedings and dump its employee pension liabilities onto the government. [WSJ]

• At $4.5 billion, the aircraft carrier USS Ronald Reagan may be the world’s most expensive car mover. [Jalopnik]

• WSJ reviews dozens of online flight booking engines. The verdict: No one site offers the “best” fares. [WSJ]

• Bathrooms at Minneapolis St. Paul International Airport are set to get an artistic makeover. No word on what sort of painting will be displayed in the stall in which Sen. Larry Craig made the term “wide stance” famous. [KSTP]

Ryanair will soon add a 25p ($0.38) fee to every fare for the EU’s new carbon tax. [Daily Mail]

The 2008 crash of a Kalitta Air 747-200F in Colombia was caused by two engines failing during takeoff. [Flight Global]



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