AA Spins off favoured son.
American Eagle is not expected to surrender its status as an affiliate member of Oneworld, despite its owner having given notice that it wishes to spin off the business, by selling stock to existing shareholders or separately to another party. (Aviation International News)
Will no doubt help AA reequip its cash strapped mainline business.
American has said that there is no reason why the regional should not continue to provide it with short-haul feed traffic to its five cornerstone U.S. hubs–services that will preserve the affiliate membership of the alliance.