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Monday, May 26, 2008

American Eagle Capacity to Decline by 10-11 Percent

AMR is retiring 35 to 40 regional jets as well as an unspecified number of turboprops as part of its efforts to cope with rising fuel costs that reached $135 a barrel on Wednesday. The move is coupled with the retirement of at least 40 to 45 mainline jets, mostly MD-80s but also some Airbus A300s. AMR...

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