From the flight service hotline this week:
In a continued effort to simplify our fleet and keep us on the road to sustained profitability, AA will be returning 19 non-standard 757-200s, previously part of the TWA fleet, as the leases expire starting in January 2007. The decision to return the 19 leased aircraft is expected to save $50 million in lease costs per year and will avoid adding additional debt to the balance sheet. I realize you may have some questions as to how this affects Flight Service, but at this point we do not know the impact until we receive our operating schedule for 2007.
In a continued effort to simplify our fleet and keep us on the road to sustained profitability, AA will be returning 19 non-standard 757-200s, previously part of the TWA fleet, as the leases expire starting in January 2007. The decision to return the 19 leased aircraft is expected to save $50 million in lease costs per year and will avoid adding additional debt to the balance sheet. I realize you may have some questions as to how this affects Flight Service, but at this point we do not know the impact until we receive our operating schedule for 2007.