American Airlines said in a regulatory filing Thursday it expects to record a $140 million gain for the sale of its stake in ARINC Inc., a provider of transportation communications and systems engineering.
American and other airlines are selling their collective 90 percent-plus stake in ARINC to an affiliate of the Carlyle Group, with the deal expected to close before Oct. 31.
American and other airlines are selling their collective 90 percent-plus stake in ARINC to an affiliate of the Carlyle Group, with the deal expected to close before Oct. 31.
