Iceland's wheeling-dealing FL Group has made its first foray into the American aviation sector by picking up nearly 6% of AMR, owner of No. 1 carrier American Airlines, and becoming the company’s third largest shareholder.
"We believe AMR Corp. is well positioned to take advantage of the growing U.S. air travel market,†said FL Group Chief Executive Hannes Smarason.
http://www.forbes.com/2006/12/27/amr-fl-ic...artner=yahootix
"We believe AMR Corp. is well positioned to take advantage of the growing U.S. air travel market,†said FL Group Chief Executive Hannes Smarason.
http://www.forbes.com/2006/12/27/amr-fl-ic...artner=yahootix