12/12/2011

The bankruptcy filing of AMR Corp. may give the company an opportunity to end leases for jets with 50 or fewer seats on American Eagle. "If you're going to go into Chapter 11, you may as well fix what's broke," said Jeff Kauffman, an analyst for Sterne, Agee & Leach Inc. "And what's broken is the Eagle product." American Eagle flies a fleet of 299 jets, with 72% of the fleet featuring 50 or fewer seats.

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