Air Transport World

American Airlines.(ASIA/PACIFIC Report)(AMR Corp.)(Brief article)

American Airlines came under pressure from Reykjavikbased FL Group, which owns a stake of about 9% in AA parent AMR Corp., to spin off its AAdvantage loyalty program as a way to halt the rapid descent of AMR's stock price. FL Group claimed that "unbundling" AAdvantage could increase shareholder value "by more than $4 billion. …

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