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AP
American Airlines Wins Mail Contract
Wednesday September 20, 5:54 pm ET
American Airlines Wins U.S. Postal Service Contract With Potential Value of $500M
FORT WORTH, Texas (AP) -- American Airlines Inc. said Wednesday it signed a five-year service agreement with the U.S. Postal Service worth up to $500 million.
It is the largest single contract American Airlines' cargo division has ever won, the company said. American said it carries more mail than any other passenger airline.
Shares of parent AMR Corp. rose a penny to $24.70 in aftermarket trading on the INET electronic exchange, after rising 44 cents to close at $24.69 on the New York Stock Exchange.
Hmmmmm, let's see! $500 million for five years!
$100 million a year for the top executives for five years!
Hmmm,,,,seems about right!
American Airlines Wins Mail Contract
Wednesday September 20, 5:54 pm ET
American Airlines Wins U.S. Postal Service Contract With Potential Value of $500M
FORT WORTH, Texas (AP) -- American Airlines Inc. said Wednesday it signed a five-year service agreement with the U.S. Postal Service worth up to $500 million.
It is the largest single contract American Airlines' cargo division has ever won, the company said. American said it carries more mail than any other passenger airline.
Shares of parent AMR Corp. rose a penny to $24.70 in aftermarket trading on the INET electronic exchange, after rising 44 cents to close at $24.69 on the New York Stock Exchange.
Hmmmmm, let's see! $500 million for five years!
$100 million a year for the top executives for five years!
Hmmm,,,,seems about right!