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The American Way

American Airlines has taken the road less traveled as it seeks to create long-term competitive advantage without resorting to Chapter 11.

By Perry Flint Air Transport World, September 2006, p.40

Six weeks ago, American Airlines parent AMR Corp. surprised Wall Street with a handsome second-quarter net profit of $291 million. To put this achievement into its proper perspective, the last time AMR earned as much, fuel was selling for around 80 cents a gallon, yields were rising toward 14 cents per passenger mile, Bill Clinton was completing his second term in the White House and 911 was what you dialed in an emergency.

It is a tribute to how far American has come since the bottom dropped out in 2001 that it could generate its strongest quarterly performance in six years during a period in which it paid an average of $2.09 per gallon of fuel and achieved a yield of just 12.81 cents per RPM.



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Updates

Radical Change in the Air for GLONASS (GPS World)
An intriguing memo regarding GPS-GLONASS interoperability has appeared on the websites of the National Space-Based Positioning, Navigation, and Timing (PNT) Executive Committee and the Russian Space Agency regarding the December 13-14 meeting, in Moscow, of the GPS-GLONASS Interoperability and Compatibility Working Group (WG-1).

Space Station To Grow Faster, Mark Firsts Throughout Year (Science Daily)
Already spanning an acre in orbit, the International Space Station this year will grow faster in size, power, volume and mass than ever before, significantly expanding its capabilities and setting new records for humans in orbit.

CFM wins $345M engine order (bizjournals.com via Yahoo! Finance)
A Chinese airline signed a deal with CFM International that includes a $345 million engine order, maintenance agreements and a maintenance-related joint venture.

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